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Remember a year and a half ago when we all scoffed at the prospect of multi-trillion dollar global AI infrastructure build out? Now it's happening. How much i
by metadat 1y ago
Remember a year and a half ago when we all scoffed at the prospect of multi-trillion dollar global AI infrastructure build out? Now it's happening.
How much is dumb money, though? That's the real question which remains highly relevant post dotcom bust.
- tim333 1y agoAnd how much of the money even exists. I remember earlier in the year Altman saying they were spending $500bn on the Stargate project and Must saying he had less than $10bn in actual funds. It wouldn't surprise me if much of the $1tn most doesn't turn up and the bubble bursts before 1/10th or that becomes real.