Comment Re:All your data center are belong to us (Score 1) 71
Power prices will never drop below the system capital costs. Won't somebody please think of the bondholders?
Power prices will never drop below the system capital costs. Won't somebody please think of the bondholders?
They don't need data centers. Read Project Maven. That stuff ran on a system that could be shipped to the front in a cargo container. Try asking the Navy if they'd like a battleship. For free, even.
I hope, for your sake, that you're not heavily invested in data centers or supporting infrastructure. And you are hoping for a bailout.
Doing it on hilly terrain, with a loaded pack, on a hot day
For a 6,000 foot elevation gain? Hmm. Doubt.
Perhaps it would be best to consult better sources. This site has it as a "trail run" taking 9 hours. You'd already know from experience if you were this good.
Hungry dingos: "Please come to Australia. Visit and enjoy our beautiful outback."
In the real world, Scrooge McDuck would have his coins invested in money making, job producing enterprises.
The Pentagon doesn't want that kind of AI. Even for free*. They know who is doing the real work and its not the servers racked up in data centers. It's meat sacks sitting in front of terminals.
*There's no such thing as 'free' either. The investors have got to be paid. Or the banking system locks up tight. Again. The DoW doesn't want this coming out of their bullets and bombs budget.
True. For the collective "you". But not so much me. My wealth lies principally in self directed funds. Away from classical pensions and other employee programs.
I do feel sorry for the rank and file though. Those that started off in the gig economy and had the right to manage their own wealth. But they were seduced into these group programs by the promise of pensions and benefits. Seduced by the union organizers and government program administrators who are just the left wing arm of the capitalist system.
You are assuming that the Pentagon will want to pay for these things. Read Project Maven. It turns out that a lot of this AI is nothing more than a giant mechanical Turk. Staffed by employees of Google, Microsoft and others. And, thanks to some surrepticious vandalism and other ass-hattery*, they want out.
*Like drawing dick pictures on tactical maps. Counter intel is looking into this and has revived the point of view that the most dangerous threats aren't for money or due to blackmail. But ideologically motivated. There's nothing to be done with private industry, where they don't control hiring. Anticipate that most of this workload will be moved over under the authority of the UCMJ. Grafitti our maps and get used to the stockade.
You pay a power bill? The utility that built billions worth of generation and transmission infrastructure on the promise of a future income stream gotta get paid. The bonds have to be covered or the banking system will seize up like in 2008. In the final analysis, it's the people left still paying a power bill who will get stuck.
The companies remain profitable by standard financial accounting measures that spread out the costs of their AI infrastructure spending over many years...
It would be wise to research the ownership structures of these outfits for just such mismatches before committing any money to them.
Also, a lot of states (and probably soon the Federal Government) have been tacking on surcharges which exceed the average price that someone pays through gasoline taxes to discourage the uptake of electric vehicles.
Tacking them on where?
I've been thinking about swapping a worn out ICE in a classic car with a Tesla crate motor. There are shops that will do that kind of work. But leaving the vehicle registration as 'petrol'. No more gas taxes, no EV annual surcharge.
Everyone? The market is consolidating, much as it did in the early days of ICE vehicle production.
There should be plenty of money. There isn't. Because a very tiny handful of people have taken it all for themselves
Evidently, you learned economics from Saturday morning cartoons.
What that means is that a canny buyer could be a 2027 300 mile nearly new
Who gets rid of a vehicle with 300 miles on it?
*New cars in general and perhaps EVs specifically can go from great vehicles to dogs rapidly if their manufacturer changes policy and uploads new firmware. Enjoy paying rent for your previously standard equipment heated seats.
How can I move to North Korea?
Saliva causes cancer, but only if swallowed in small amounts over a long period of time. -- George Carlin