Paying for utility expansion on a 15 billion dollar datacenter is a line-item at best.
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Sorry, if your AI data center is likely to default on utility bills, then you need to put down a substantial and burdensome deposit just like the poors are required to do.
One Rich Asshole Called Larry Ellison
And all those lawyers and other people who are happy to take his money to fuck everyone else
CUB’s expert also noted that the failed energy and commodities firm Enron had an investment-grade rating four days before the company filed for bankruptcy protection.
lol
Wisconsin trying not to get Foxconned again?
sorry all the water in this state is for cows and cranberries, and ginseng I guess, and people
Always a good time to remind people that large scale agriculture basically destoys national waters, soaks up subsidies, and benefits a hand full of rich land owners
You wonder, do data centers do any good at all? Some using tons of pure drinkable water is also bad.
Datacenters? Yes, to an extent. They enable things like the modern internet, public goods like Wikipedia, etc.
AI datacenters? No.
70% of the modern internet is bots botting for bots
i’ll take the drinking water
Data centers have been around forever. Supercomputers and other large racks of computer hardware have been housed in them for decades. They have done a lot of good for research.
Even if you didn’t have AWS and the like modern sites/tech products need a lot more hardware than your random desktop computer to work. And that needs to be housed somewhere.
The AI ones they’re trying to build now to try and stack tech feudal territory? Probably not. I don’t think the demand is gonna be there long term.
Even if you didn’t have AWS and the like modern sites/tech products need a lot more hardware than your random desktop computer to work. And that needs to be housed somewhere.
They really don't, everything is just hideously inefficient these days.
They really don't, everything is just hideously inefficient these days.
Because for ~30 years hardware, microchips, memory, and storage kept improving faster than programming best practices. As a result we have bloated applications with poor memory management. In the coming hardware famines I hope to see this trend reverse course.
You see, investors sincerely believe that AI has value and more AI has more value. How do you create more AI? More data centers!
So now you have several hundred multimillionaires and billionaires, with almost zero understanding of what AI is, what it's useful for and what it's not useful for, but they believe with all their heart , more data centers makes wealth go up.
Now they are buying up land, with money they borrowed, to build data centers, with hardware that hasn't been manufactured yet all to potentially realize financial gains that are backed by nothing but speculation and emotion.
This is what happens when you give the market fomo. Invent something magical that you don’t understand the inner workings of (a literal mechanical Turk).
The problem was that after the pandemic and crypto, too many investors were itching for a gold rush that would simply just replace the disgusting working class. I mean, they were already but that shit made them extra hungry.
Guarantee not the ones owned by Oracle.
Oh?
🤣