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Comment Re: Search for a traffic jam (Score 3, Insightful) 59

Why would they do that? Taxiâ(TM)s operate on demand. If thereâ(TM)s so little demand in an area for such an extended period of time, the more likely scenario is for Waymo (or whatever robo taxi company) to either send the vehicle to a different location with more current demand, or back to the main hub and power down.

Comment Being from the marshes of South Jersey (Score 1) 63

The more land we preserve along the waterways, the better. NJ is an OLD state, which was founded by people going up the waterways and working their way inward. Over time, we have learned that we need to give the rivers, marshes, and estuaries space to do their thang. If it means paying a little more in taxes, so be it. Money is not more important than the well-being of the planet.

Comment Re:Meanwhile (Score 2, Insightful) 63

You sound like the people in my /r/southjersey subreddit lol. My hometown is one of the most at risk towns of sinking into the water in the state. It's already an island (in southwest nj no less) and most of the land is preserved already. The buying up of the land and marshes really helps protect the land, animals, and people. Boohoo, taxes. Without paying them, you'd be living in a cesspool like Mississippi.

Comment Re: Obvious questions (Score 1) 60

According to the article, the (Google, Meta, Amazon) have changed the life of a deprecating asset (Google and meta up to 6 years, from 4 and 5.5 respectively) AWS has bounced from 5 to 6 and then back to 5)

The neo-clouds are doing something different and appear to be taking out loans to purchase the gpuâ(TM)s and then using those assets (the gpuâ(TM)s) to back the loan. Kind of like how you or I could take a loan out on a car or mortgage on a house. Neo-cloud loans are for 3 years it appears and they are saying the assets are still good for a total of 6.

So basically Burry is saying he disagrees with both sets of companies over how long those assets will be of value.

But the article points out you have things like A100â(TM)s, released in 2020, which are still heavily utilized in inference workloads (just not training workloads) and were already going 5 years out, so maybe that 5-6 year window is justified)

It also appears to miss the point that the assets are just an input (like seed, fertilizer and water for crops) either the time rented for the gpuâ(TM)s and related infrastructure by cloud customers, or the creation of a trained model, or SaaS offering using the inference platform is the economic output.

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