If you have an outlook or gmail, start migrating off those email services now, before microslop and google evaporate.
It’s gonna happen fast when it happens.
Google and Microsoft are profitable without ai. So I’d assume the bubble popping will not crash them
And they’d probably get bailed out at our expense: too big to face consequences.
Not crash them, but they’ll probably need to make Gmail/Outlook into a paid service in order to cover all the costs.
Google Ads is slowly dying, because people just ask AI instead of searching and navigating websites, and that was Google’s biggest revenue.
I don’t see how Google would willingly get rid of the goodwill and data of normal users like that. Most people don’t know about the sheer site of Googles ad revenue. Also, Google will be the player that shows ads in Google answers, so the moat for ads will become bigger instead of smaller in my mind. Do you have a source on Google ads dying? Last I heard was that it was very profitable for alphabet.
I don’t see how Google would willingly get rid of the goodwill and data of normal users like that.
They don’t give a monkey’s fruity fart about goodwill. They’re rent-seeking oligopolists. They’ll squeeze their users as hard as they think they can get away with.
What? No. This is ai data centers new build. Nothing about that would melt their current regular servers.
That money has to come from somewhere. Ultimately the debt service will hit their opex.
Don’t worry, Google is still just investing barely more than what they have too much quarter over quarter.
Eh, probably they will be labeled “too big to fail” and the US government will go into even more money printing to keep them afloat. Making inflation even worse than it is.
I’m not knowledgeable enough to know what the ramifications of Alphabet’s collapse would bring about. I can only imagine good things, though I know Firefox is propped up by them.
It wouldn’t collapse per se. It would get sold to the next biggest bidder. You’d end up with the likes of Amazon, Microsoft or Musk or something.
well for one, how are you going to recover accounts using your gmail if gmail simply doesn’t exist anymore?
answer: you don’t.
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One thing I noticed while voting in the mid terms is how being anti data center is fairly bi-partisan even for maga dick bags.
Its NIMBY meets ethics. Pure coincidence.
The, we’re going to spend 10 trillion dollars on new data centers and they will use all the water and power messaging for stock pumping while people see costs increasing and rising water and power bills was a pretty direct and understandable message. Remarkably fast turnaround though ,it shows how most concepts are ossified while this was genuinely new and people were willing to change their minds on it.
And yet Republican candidates and sitting legislators are pushing hard for them. They really don’t seem to be reading the room well.
We’re seeing the same thing in Canada, too. The typical alignment between corporations and the right wing seems to not be serving them well this time around…
They’re reading the room just right, you just don’t get who’s in it. They’re doing what they’re told by their tech masters.
I get that but they also need to be elected unless their goal is to pad their pockets as quickly as possible, now, before they get kicked out of office (which, hey, for some, certainly possible).
Personally, I suspect they’re so deep in their own bubbles, and so used to a mindless right wing base that will vote for them no matter what, that they don’t see what’s going on.
Yeah, Google just destroyed 815 acres of forest for a new data centre in Finland without permission. It hasn’t gone down well.
The Finnish government sold them that land. They knew exactly what Google was going to do with it.
doesn’t matter. there are laws that must be followed. they broke the law, openly, and someone found out and told people. now the politicians that sold the land have piss on their face and have to do something about it or risk being replaced.
Petteri Orpo, said attracting investment was a “top priority” and “the value of the data economy extends far beyond direct investment”.
X doubt.
They probably gave them deals on electricity too. The Fins are getting nothing in return. Wow.
Turns out a business plan consisting of »build a trillion dollars of server farms now, figure out who pays later« gets slightly less charming once the lenders ask for actual numbers. The AI industry wanted to disrupt every profession except the ancient art of checking whether the math works.
“We plan to shoot for the moon and land on a pile of money” classic Silicon Valley businessplan.
Considering how tech CEOs are acting, with their bunkers, bodyguards, remote islands and rockets, I’m not sure they planned to come back after leaving with all our money.
leaving with all our money.
Talk is they’re planning on staying away while money and debts inflates away to zero and come back with all the deeds when the fighting stops.
Don’t you need a functioning government for a deed to have value?
What do you think the private militaries are for?
Isn’t this also how the dot-com bubble sort of happened?
The next one will be one same. Humans don’t learn from mistakes.
The AI bust will be an order of magnitude worse. The money involved is staggering. AI is almost all of America’s GPD and a monster chunk of stock valuation.
Yep, and like the dot-com bubble, businesses have tied themselves too closely with AI to the point it’ll be harder to backtrack and pull out than with the dot-com boom. At least word of mouth and having a website were easily separable from the business end. Having a website and integrating AI into your website and your business is a whole different story.
Yes, and every bubble before, since, and hereafter.
As someone on the inside, I can assure you that the buyers put down money up front for a specified product and delivery date. There is no speculation involved. They line up to give us money. Unless Microsoft et al. goes bankrupt, we keep building.
It’s not an issue of prediction, or prophesy, it’s that all the available information right now looks like a classic bubble. could it find profitably? idk. is it profitable? No. is there billions or trillions in debt changing hands too fast for anyone to keep track of? yes. is someone selling somke? most likely these are the situations in which con artists thrive. probably not everyone is intending to sell smoke. but not all of this is going to work out, some may come out on top, but some will fall, and that will be a bubble.
Agreed.
Going a step further, the builders that build with environmental and community concerns first are more likely to endure. My company does exactly that.
FTA:
Drawing on data from regulatory intelligence outfit RegLayer, the FT reports that 47 large data center projects have already fallen through this year. Analysts at the equity research firm Bernstein only believe that about 35 percent of planned facilities are feasible.
Would you dispute these claims, based on your experience?
Sure, Jan.
If we are not going to have honest discussion, why participate? Lemmy should be better.
So a post making claims against all visible evidence with no proof for any of it is “honest discussion”?
You ask “why believe me?” I ask " why take you seriously?" And we get nowhere.
The popular opinion is framed in view of the worst offenders. That gets clicks. My daily experience shows me that:
- one urinal in my building uses more water in a day than the datacenter does in a year.
- our generators run at less than 65 dB at full tilt at a distance of 30 feet. They are only run during utility outages - and monthly tests for 10 minutes.
- we build in corporate parks and remote sites with surplus power.
- the power substation we paid for and built delivers 20 MW back to the community. We added capacity to the local area on our dime.
However, others are not like us. Musk runs gas turbines for primary power. MS uses open- loop cooling. They get the headlines. We don’t. Our business is based on responsible behavior. But we get painted with the same brush.
Ok, even assuming all that is true (just saying it doesnt make it so) none of it has anything to do with the inherent unprofitability of AI. Anthropic alone is reporting an $80 billion loss for the year. Last I heard the industry as a whole needs to make a few trillion dollars just to break even. Regardless of how efficient or not your particular data center may be, it’s not going to fill that gap.
Agreed. Oai, Anthro, etc don’t necessarily have paths forward. But a LOT of folks want their hands on the results. Perhaps real open sw will rise to put them under and no one will need to pay for the models. But they will have to pay for the hardware to run it. And that’s pricey. And we get paid up front.
lmao, which department do you work in that you’re on lemmy right now? Mail, or maybe food service?
Operations. DC manager.
So, HR? I would delete your location, btw. Don’t out yourself.
There are more than a dozen datacenters within 30 minutes of my home.
So, many are getting blocked and the AI bubble is going to pop in the next few years. Right now, this is where we stand. Notice, most are getting built where there is a lack of cool weather and water. Many states are starting to fight them because of this.
Uhh, they never were. Politicians were creaming over them because they’re basically funneling taxpayer money back to campaigns.
edit: hit wrong reply button
Good.
