Fuck AI

"The AI bubble is a jobs program" is an... interesting take.

it’s a lot more productive than the circle jerking fraud of the mortgage derivatives crisis

No value is being created here. It's a circular shell game and it's going to wreck the economy for everybody.

I'm guessing you weren't around for the collapse of companies laying fiber infrastructure, a la MCI and Global Crossing? That was 20 years ago. Some of the fiber is finally being used now, but not a lot.

it’ll leave in its wake a huge glut of computing power

And what, pray tell, will we do with this glut of computing power? They're specifically purpose-built hardware in specifically purpose-built data centers. They're not good for anything else than these LLM models.

Furthermore, the nVidia cards being "purchased" and put in these data centers are rapidly obsolete, so they don't even have a chance of being used in any capacity 20 years from now. It's like saying "let's use 50 i486 processors in 2025" when a MacBook has more power.

But, we're burning more coal to power these, so... 🤷