they have somekind of plan, or maybe its all sunken cost scenario. Either way, they think they can get some benefit from it and they are so determined they are throwing insane amount of money in it even though there is no clear way to get any profit from it.
So either they know something we dont or they are desperate to save their investments -> worse ai does, better its for all of us since once ai crashes the components stop being wasted on it, less electricity and materials are wasted on datacenters and best of all, all those fucking billionaires lose a lot of money they have invested or at least the investors who thought it good idea to support them lose and maybe dont do it again.
yes, but i dont think billionaires are THAT dumb. They see some value in it for them that they deem worth the risk of losing all that money. So that is why its even more important that the ai crap fails and continues to drain their money.
Or maybe i’m underestimating just how much money they have and maybe even all this is just akin to losing a large portion but it doesnt matter because they can just exploit everything else…
But, if they get what they want then its bad for all of us no matter what.
How does AI fuel billionaires?
who owns the datacenters?
Why is that relevant? AI is a massive money loser.
they have somekind of plan, or maybe its all sunken cost scenario. Either way, they think they can get some benefit from it and they are so determined they are throwing insane amount of money in it even though there is no clear way to get any profit from it. So either they know something we dont or they are desperate to save their investments -> worse ai does, better its for all of us since once ai crashes the components stop being wasted on it, less electricity and materials are wasted on datacenters and best of all, all those fucking billionaires lose a lot of money they have invested or at least the investors who thought it good idea to support them lose and maybe dont do it again.
Just because they have a plan doesn’t mean it’s a good one or that it will work.
AI doesn’t fuel billionaires, it drains their money.
yes, but i dont think billionaires are THAT dumb. They see some value in it for them that they deem worth the risk of losing all that money. So that is why its even more important that the ai crap fails and continues to drain their money.
Or maybe i’m underestimating just how much money they have and maybe even all this is just akin to losing a large portion but it doesnt matter because they can just exploit everything else… But, if they get what they want then its bad for all of us no matter what.
It baits investors into giving them money, mainly.
Everyone’s losing money on the deal, it’s not like the billionaires are cleverly making money on AI while everyone else is losing money.