I don't read Ed Zitron, aside from when he appears here on Hacker News, and I also find his tone to be over-the-top. I think we might agree on that much.
These articles are lengthy but, to my understanding, Ed's idea is...
* AI companies have committed to purchasing X amount of compute
* Data centers are being constructed to meet this demand, they'll need to charge amount Y
* AI companies do not have sufficient revenue to pay amount Y
IMHO this isn't surprising, personally the only real use-case for AI that I've seen is code generation or automated sales or scam calls. This doesn't seem like a big enough market for the huge dollar amounts I'm seeing thrown around.
I'm curious why you think Ed is so far off the mark on this. To me, it seems like we are headed for a big correction on the whole AI thing.
These articles are lengthy but, to my understanding, Ed's idea is...
* AI companies have committed to purchasing X amount of compute
* Data centers are being constructed to meet this demand, they'll need to charge amount Y
* AI companies do not have sufficient revenue to pay amount Y
IMHO this isn't surprising, personally the only real use-case for AI that I've seen is code generation or automated sales or scam calls. This doesn't seem like a big enough market for the huge dollar amounts I'm seeing thrown around.
I'm curious why you think Ed is so far off the mark on this. To me, it seems like we are headed for a big correction on the whole AI thing.