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Comment Re:And WHEN it breaks... (Score 1) 64

Probably not the bankers, the big banks aren't dumb enough to have lent huge amounts of money to companies in the tech bubble. And they're much better capitalized than last time. The investment firms with large holdings in the magnificent seven have lots of other holdings and can afford to take the hit when things go to shit. But the government will bail out all the stupid VCs who kept pouring money into tech bubble 2.0 companies. “We have to save them so they can invest again or we'll lose the AI war to China!”

Comment This was always the plan. (Score 2) 154

Chinese industry is like this. Lots of companies pop up doing the same thing, most of them fail, the best ideas are scooped up by the companies that remain, and a few strong sustainable companies survive. This is not just a Chinese thing. It happens in the USA, too. Most American tech startups fail; 70% fail between years two and three and most fail in the first five years. China will take an economic hit when most of their car companies tank, but they’ll weather the storm better than the USA will when the AI bubble bursts and the US stock market loses a huge chunk of its value and doesn't recover for years.

Comment And for nought. (Score 1) 69

All that money for data centers full of cutting edge hardware that can't be turned on because nobody in tech thought about building the nuke plants ten years ago. By the time they finally get all four of Stargate's reactors online the computers will all be obsolete and it will cost another trillion dollars to replace them. The next round of data centers will be fuzz of empty racks awaiting the arrival of their own nuclear reactors. Assuming that the entire bubble doesn’t pop first.

Meanwhile China already has AI datacenters running on nuclear, solar, hydroelectric, and WtE power. Huawei’s chips are slower, but in the ten years it will take the Americans to get their shit together SMIC will be producing badass chips with a 4nm process.

Comment Re:Fixing CVE Slop? (Score 3, Insightful) 113

Because someone still has to take time to read the slop. Over and over. That's the kind of thing that makes volunteers go volunteer somewhere else. And this shit is going to snowball; if Google keeps getting away with it so will other companies, then it will be students testing out their AI hacking skills. It’s better to send a public message to Google before the situation gets bad.

Comment This is what happens when you have good leaders. (Score 1) 179

China's government prioritized green energy in the 1990s. They've mastered manufacturing and deploying solar panels. They crank out a new nuclear plant every 8 months and have developed a thorium breeding reactor. Their hydroelectric plants are many, massive, and keep coming. China has even mastered waste to energy; they build incinerators with clean emissions that run on solar panels. And their electric cars are better than the internal combustion cars anyone in the world builds. Everything you've been told by western news outlets about China not cooperating with the world on carbon emissions and green energy is a lie. The truth is that they're years ahead of everyone else and the industrialization of the global south will be powered by Chinese technology, engineering, and construction.

Comment The selling point is the screen. (Score 5, Informative) 58

I bought an iPad Pro last year for the screen. I didn't care about storage or the M4 CPU, because there's almost no software for the iOS that benefits from the CPU or storage space. What I bought it for was the screen. I'm a designer and I wanted something to draw on. The big, high quality screen combined with an Apple pencil is great for that. It replaces all the pencils, pens, markers, and paper I would otherwise need. For artists and designers who spend hours a day drawing the iPad Pro will pay for itself by replacing those art supplies. If I want to sit on the couch and draw the iPad Pro is awesome. The same goes for traveling. Everyone I know with an iPad Pro bought it for the same reasons.

All that said, what I really love it for is reading The Economist without having to sit at my desk. A big tablet is perfect for that app. And I believe that if Apple sold an iPad with a cheap CPU and the same screen nobody would buy an iPad Pro.

Comment This is their own fault. (Score 2) 40

American big tech knew that they would eventually run out of power for their clouds, social media, video, etc. AI just hastened the problem. They should have been planning for this years ago. Nuclear power was always the solution. Tech companies should have been funding their own nuke plants and lobbying politicians to loosen America’s regulations on building new plants. But they fucked around, didn't plan ahead, and it bit them on the ass. Meanwhile the tech leaders in China saw this coming and worked with their government to crank out nuclear plants to run their datacenters. China has been adding a new plant every 8 months for years, and they're only getting faster at it. America's tech companies are going to lose the AI battle with China, even if China can't get the fastest chips, because Chinese business leaders were thinking ahead instead of thinking about their yacht collections and pleasure compounds.

Comment Re:No biggie (Score 2) 63

That’s the plan. The AI industry and its dependents will never make enough money to cover their current CapEx and then replace everything in five years when the chips are obsolete and components are breaking down. But if they tank every company that's using AI software will be fucked and the NASDAQ will tank. So the Fed will print a trillion dollars to bail them all out and everyone else will end up with higher grocery prices.

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