Tech giant Oracle is suing the Public Service Commission of Wisconsin over financial requirements that regulators approved to protect ratepayers as developers build a $15 billion data center campus to expand its AI initiatives.
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.
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.
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
The internet isn’t taking your drinking water
5 years ago sure
how do you think ai being used today? most ai isnt locally hosted
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.
They really don’t, everything is just hideously inefficient these days.
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?