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IBM CEO says there is 'no way' spending on AI data centers will pay off (www.businessinsider.com)

submitted 6 days ago by rssbot@lemmy.bestiver.se to c/hackernews@lemmy.bestiver.se

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[–] 1984@lemmy.today 14 points 6 days ago* (last edited 6 days ago) (3 children)

They will, he just doesnt have the full dystopian picture.

These data centers are not just for training AI. They are to be hosting future dystopian Ai software for watching every camera in the country, recording every step all humans do, and saving their history. Also grouping up people on categories and allowing efficient Ai monitoring for different purposes.

Will be a lot of money in this.

Oh, and they will also take most of the water and electricity in the areas where they are built, driving up prices on those things.

[–] 4am@lemmy.zip 11 points 6 days ago (1 children)

They will also be used to make propaganda (obvious fakes but with a dead simple message) and to create fake media to sway public opinion. Thirdly, the fact that this occurs will be made known to the public, who now can’t trust ANY recorded evidence and they can claim innocence for actual proven crimes (“I’m not in the Epstein files! It’s a Democrat hoax with fake AI!”)

[–] 1984@lemmy.today 3 points 6 days ago

True. Ai is already so good that people cant tell the fakes from the real videos, pics or voices.

So people wont be able to trust anything. This will only make the dystopian society even easier to control.

[–] Bluegrass_Addict@lemmy.ca 1 points 6 days ago

https://pressprogress.ca/ontario-claims-province-isnt-privatizing-water/

the Great Lakes will soon be dry if these pricks get their way... all for nothing.

[–] cecilkorik@piefed.ca 1 points 6 days ago

Profiteering from an engineered shortage is an important part of capitalism. It's the part that doesn't create any progress except for the people doing it. Remember when they say capitalism is the best way to create progress? Well, this isn't that kind of capitalism.

[–] fubarx@lemmy.world 8 points 6 days ago (1 children)

"... at today's infrastructure costs."

If everyone talks up the AI crash, there will be a lot of hardware that will become available at fire-sale prices. Anyone with a lot of cash or a line-of-credit will be able to pick them up for pennies on the dollar.

NVidia, however, will have to deal with a glut of 1-2 yo GPUs re-entering the market. They may get into buying them and trashing them just to keep the supply low and prices up. Sort of like a stock buyback.

Either way, strange times ahead.

[–] DragonTypeWyvern@midwest.social 6 points 6 days ago

Pls crash I need a new... Everything

[–] Stimpy@lemmy.world 1 points 6 days ago (1 children)

I certainly don't want spending on AI data centers to pay off, but something about IBM CEO quotes got me thinking

“I think there is a world market for maybe five computers.” Thomas Watson, president of IBM, 1943

[–] Ava@piefed.blahaj.zone 1 points 6 days ago

I've seen this quote several times, and almost always accompanied by notes that there's not really any evidence he said this.

Also... In 1943 he was probably right, for the kinds of computers he'd have been talking about.

[–] PixelatedSaturn@lemmy.world 0 points 6 days ago (1 children)

It's highly unlikely they won't pay off.

[–] velindora@lemmy.cafe 2 points 6 days ago (1 children)

And if they don’t, they can get government ~~grants~~ gifts

[–] PixelatedSaturn@lemmy.world 1 points 6 days ago

Theyll get that either way probably 😀