Accenture sells AI transformation to thousands of clients while quietly telling its own employees they get a fraction of what some were already spending. The internal memo reveals a tension at the heart of every major consulting firm racing to profit from AI.
Prolly not. When the bubble pops these data centers will be sold off for cents on the dollar and a bunch of the companies go bankrupt. There will be a glut of equipment, so prices will fall. People will buy up the scraps and provide compute services cheaper.
Or one company will buy up all, using many, and ofc trash the others to keep their value high.
Maybe, but that’s temporary. The hardware has to be replaced after failures at minimum, if not sooner to upgrade. Yeah, there will be a period where the hardware may be cheaper, but the prices won’t stay at that floor forever (though they obviously also won’t be at the insane inflated prices of today).
Unlikely. They said that during the bitcoin and blockchain bubble too, and that didn’t pop, it just deflated and everything got moved over to AI. AI is starting to deflate, but there will be a new bubble.
The number of AI datacenters that are actually datacenters and not just fields of gravel is low.
We could use a skate park