Comment on How the Iran war could derail the AI boom
green_goglin@thelemmy.club 2 weeks ago
There is no “AI Boom”. It’s merely a manufactured narrative.
AI boom is a poor choice of words, and I don’t believe the article’s starting paragraph.
For more than three years, AI has propped up global trade and investment and pushed stock markets from the US to Asia to record highs.
However, there is a boom in spending in AI, whether that actually yields anything or not. I read the article as meaning derailing that.
Huge datacenters being built everywhere taking as much power and water as entire cities. Its the foundation of our dystopia thats being built.
You can only imagine what kind of money these data centers are going to be making when the entire world depends on them to watch humanity, control robots, drones, camera real time analytics and so on.
Big tech is planning ahead. So I know they are talking about AI but its a lot more.
The technical term is AI Round Tripping Bubble
Pricklesthemagicfish@reddthat.com 2 weeks ago
Ai rug pull bubble brought to you by crypto scam coin
green_goglin@thelemmy.club 2 weeks ago
Every dollar invested is levered to the tits.