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There are serious balance sheet concerns for these companies with exposure to OpenAI, Anthropic and such. It’s all fun and games till it’s not. All this capita
by cmiles8 8mo ago
There are serious balance sheet concerns for these companies with exposure to OpenAI, Anthropic and such.
It’s all fun and games till it’s not. All this capital investment is going to start hitting earnings as massive deprecation and/or mark-to-market valuation adjustments and if the bubble pops (or even just cools a bit) the math starts to look real ugly real quick.
- jimnotgym 8mo agoThe market is not there at all though is it? Nobody is paying what it actually costs to deliver AI services. It is not clear to me that it is cheaper than just paying people to do the work.
- zerosizedweasle 8mo agoSomeone did a calculation using heat generated - energy usage (which is ultimately the base cost of the universe) - and the human brain and body is just incredibly most cost efficient than how we're doing AI. So for basic tasks it's just absurdly expensive to be using AI instead of a human.
- rhubarbtree 8mo agowe don't pay humans in the food they consume
- zerosizedweasle 8mo agoWe don't pay for GPU's in the energy they consume either.
- HDThoreaun 8mo agoGenerating electricity is much cheaper than paying a human. The costs of employing a person have little to do with their energy usage