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Minichan

Topic: Hyperscale data center project in Utah expected to generate and consume more power than entire state

boof started this discussion 4 hours ago #134,511

incandescent light bulbs, please forgive us our scorn

Anonymous B joined in and replied with this 4 hours ago, 8 minutes later[^] [v] #1,431,777

Utah has nuclear so

boof (OP) replied with this 4 hours ago, 10 minutes later, 19 minutes after the original post[^] [v] #1,431,778

they can't share it?

Anonymous B replied with this 3 hours ago, 30 minutes later, 49 minutes after the original post[^] [v] #1,431,783

@previous (boof)
share what?

Darkness joined in and replied with this 3 hours ago, 5 minutes later, 54 minutes after the original post[^] [v] #1,431,784

💵🫧➕🪡🟰🤔

Anonymous B replied with this 3 hours ago, 9 minutes later, 1 hour after the original post[^] [v] #1,431,785

@previous (Darkness)
= a bad time for those that invested

not an issue if you didn't invest.

Darkness joined in and replied with this 3 hours ago, 5 minutes later, 1 hour after the original post[^] [v] #1,431,786

@previous (B)
It would be satisfying to see people who think they’re invincible find out though.

Darkness double-posted this 3 hours ago, 7 minutes later, 1 hour after the original post[^] [v] #1,431,787

The concept that you can spend more money than you earn so that you can sell more of a product that costs more to operate than you earn in revenue from use of that product so you can beg investors to give you more money in the hopes the economics will magically work, jail. Why is this tolerated?

Anonymous B replied with this 2 hours ago, 5 minutes later, 1 hour after the original post[^] [v] #1,431,789

@1,431,786 (Darkness)
Employing people is expensive.

it's not just their salary, its the payroll taxes, the office rent, the cleaning crew for those offices, utility bills, space for their car, liability insurance in case they trip at work, possible lawsuits if someone takes a statement the wrong way.

total costs can be 2x or 3x higher than their nominal salary.

These data centers can easily pay for themselves. running one agent 24/7 is exponentially cheaper than hiring a flesh and blood person.

Not to mention you can repurpose those servers if the market changes.

Don't expect this to go away, they have billions to spend because they made good bets in the past. The internet bubble popped, but web companies are worth several times more now than right after the "pop".

Anonymous B double-posted this 2 hours ago, 2 minutes later, 1 hour after the original post[^] [v] #1,431,790

@1,431,787 (Darkness)
Ok, that's not your problem if you don't invest.

People are lending them money because the business plans look airtight, they'll make money even if they have unexpected obstacles.

Why don't you take your money and employ a bunch of entitled people that will do nothing all day, complain, unionize, and sue you?

Darkness joined in and replied with this 1 hour ago, 1 hour later, 2 hours after the original post[^] [v] #1,431,802

@1,431,789 (B)
That’s survivorship bias. Plenty of companies went out of business when the dot com bubble burst. Not every AI company will be successful or exist 20 years from now. Especially since they’re all offering essentially the same product.

Darkness double-posted this 1 hour ago, 3 minutes later, 2 hours after the original post[^] [v] #1,431,803

Tech tends to create monopolies. If you look at search engine market share, operating system market share, operating system market share, smartphone brand market share, etc. there is usually only space for 1 or 2 brands to dominate 80% to 90% of the market. I don’t think that AI won’t exist, I just think anyone with a brain can look at this situation and see the way companies are approaching generative AI is completely unsustainable and most of the current AI companies won’t survive. I’m not saying none of them will survive, I’m just saying, most won’t.

Darkness triple-posted this 1 hour ago, 2 minutes later, 2 hours after the original post[^] [v] #1,431,804

Because, you know, smartphones are successful. How many people do you see walking around with a windows phone these days?

Darkness quadruple-posted this 1 hour ago, 6 minutes later, 2 hours after the original post[^] [v] #1,431,805

In the US Samsung and Apple together have 80% market share over smartphones https://gs.statcounter.com/vendor-market-share/mobile/united-states-of-america

In the US Chrome and safari have about 80% market share put together https://gs.statcounter.com/browser-market-share/all/united-states-of-america

In the US macOS and Windows make up about 80% market share https://gs.statcounter.com/os-market-share/desktop/united-states-of-america

And so on and so on, this is true for most things you can think of in tech. There isn’t space for Microsoft and OpenAI and Google and Anthropic and Amazon and Meta. Somebody’s going to lose.

(Edited 45 seconds later.)

Darkness quintuple-posted this 1 hour ago, 3 minutes later, 2 hours after the original post[^] [v] #1,431,806

And the thing is OpenAI has the majority of market share https://gs.statcounter.com/ai-chatbot-market-share

The problem is, OpenAI isn’t profitable, but they have majority market share. What does that mean? Think about it.

Darkness sextuple-posted this 1 hour ago, 1 minute later, 2 hours after the original post[^] [v] #1,431,807

Remember yahoo?

Anonymous B replied with this 1 hour ago, 9 minutes later, 2 hours after the original post[^] [v] #1,431,809

@1,431,806 (Darkness)
They aren't profitable because they are heavily investing in R&D. Their services generate more revenue than they cost.

Darkness replied with this 1 hour ago, 7 minutes later, 3 hours after the original post[^] [v] #1,431,812

@previous (B)
Do you have a source for that?

Darkness double-posted this 1 hour ago, 1 minute later, 3 hours after the original post[^] [v] #1,431,813

It depends on what you mean by "research and development" if you’re counting training models as "research and development" in order to run their business, they’re never going to stop doing that. They’re never going to have a perfect model one day that never needs to be improved again.

Anonymous B replied with this 1 hour ago, 13 minutes later, 3 hours after the original post[^] [v] #1,431,814

@previous (Darkness)
They don't need to create a perfect model, they could use the models they already have, and fine tune them on more recent news for virtually nothing.

The goal isn't to rest on their laurels and make a little bit of money, the goal is to expand into new industries with new capabilities.

They added agents that can browse the web, and use a cursor. They improved their image generation tools.

When they can completely replace remote workers and photoshop they have more revenue streams.

If models stopped developing now there would still be a lot of growth in selling the tech to companies that haven't updated from old techniques. There's still room for modern companies to grab market share from companies that refuse to adapt.

Darkness replied with this 1 hour ago, 56 seconds later, 3 hours after the original post[^] [v] #1,431,815

@previous (B)

> They don't need to create a perfect model, they could use the models they already have, and fine tune them on more recent news for virtually nothing.

Then why don’t they just do that?

Darkness double-posted this 57 minutes ago, 3 minutes later, 3 hours after the original post[^] [v] #1,431,817

@1,431,814 (B)

> They added agents that can browse the web, and use a cursor. They improved their image generation tools.

By the way, using neural networks to generate videos people don’t want to watch is even more unprofitable than LLMs are.

Have you checked out Sora recently?

https://sora.chatgpt.com/

Darkness triple-posted this 54 minutes ago, 3 minutes later, 3 hours after the original post[^] [v] #1,431,818

Now google doesn’t need their AI to be profitable because they make money from advertising and that is profitable.

(Edited 20 seconds later.)

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