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Banks have an obvious solution as do grids. Build their reserves and infrastructure and scale to their biggest customers. A stressed scale out system just requi
by fnordpiglet 2y ago
Banks have an obvious solution as do grids. Build their reserves and infrastructure and scale to their biggest customers. A stressed scale out system just requires more scaling. It feels weird to say any other solution, especially when the customer is a paying customer.
- atoav 2y agoIt only feels weird if you consider paying customers getting what they want has to be of the highest priority. Others who are regular readers of IPCC publications might value the survival of big parts of earths habitable zones and the most densly populated costal areas higher. But priorities differ.
- fnordpiglet 2y agoThen we should prioritize renewable non destructive production of energy over mediocre stasis?
- EGreg 2y agoThat’s what bitcoin maxis always said when their rigs were overloading the grid. “Build us more capacity, and stop whining!”
- fnordpiglet 2y agoExcept bitcoin had no practical value. I think only the most jaded think AI has no practical value. Most lucid observers recognize there’s immediate value and the future is either “a lot of value” or “mind boggling amounts of value,” or some middle ground. Most lucid observers of crypto realize its primary value is in sanctions evasion, money laundering, and other illegal transactions. Not saying no one finds practical value in that but it’s not broadly useful to society.
- EGreg 2y agoA trillion dollars of market participants disagree with you, now including institutions and banks I happen to agree that Bitcoin has very dubious utility, but I suppose it has nailed the "store of value" use case, whereby you can send it anywhere without any friction, and also if you need to, say, escape the country during war or a natural disaster, it's much easier to remember 12 words than try to sneak gold through customs, while the cash you store in your house might be underwater. Bitcoin for many institutions is a digital commodity to diversify for tail risk etc.
- HWR_14 2y agoFinancial institutions will make money by intermediating anything that has a market. Meanwhile, escaping with assets during a war and evading customs is a an example of "sanctions evasion, money laundering, and other illegal transactions"
- bitfilped 2y agoAI has a similar amount of value as bitcoin in its current form too. Guess I'm just jaded, but AI is broadly an arms race to nowhere and unlike bitcoin there is no value provided from past energy expenditure, the older models become useless after newer ones are published. This cycle will continue until money stops pouring into the market sector, we won't reach a true AGI in this cycle like some suggest, this is all purely fueled by hype.
- threeseed 2y agoScaling out power infrastructure is capital intensive and time consuming. Why would you do that when there is a strong likelihood that most of these LLM startups will be out of business within the next year or two.
- fnordpiglet 2y agoBecause we have other uses for the scaled infrastructure. There’s a lot more demand for electrification from logistics than AI.
- HWR_14 2y agoIs there a big enough company (or government) where a 2 billion USD loss is not a big deal?
- nasmorn 2y agoIt is not a big deal to the US government or Apple for example. It is something they rather avoid of course but it doesn’t threaten their existence the slightest.
- deleted 2y ago[deleted]
- JohnClark1337 2y ago[dead]