cmiles8

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211.
by cmiles8 3mo ago
Market signals on an impending AI bust are broader than just Oracle’s woes. For example, Amazon just had a challenging bond offering where the market is clearly starting to seriously question the ROI on all this money being pumped into AI b
212.
by cmiles8 3mo ago
Yeah no. Almost everything people are pushing back against is branded as AI data center expansion. Moving to the cloud doesn’t need net new data centers being build… that’s just workloads moving from one data center to another.
213.
by cmiles8 3mo ago
In US politics at least that’s plenty to shut things down, which is exactly what’s happening.
214.
by cmiles8 3mo ago
Exactly. Towns are also increasingly nervous that when the bottom drops out of the AI bubble they’ll be left with abandoned half-built data centers blighting their communities. It’s a serious concern that looks increasingly plausible. The b
215.
by cmiles8 3mo ago
Small town politics generally fly below the radar but this is a real hot button issue in a growing number of communities. Town meetings are dominated by residents lacking the room for otherwise sleeping zoning hearings that nobody attends.
216.
by cmiles8 3mo ago
All that AI capital investment is flowing down into construction, utilities, raw materials and many other industries that on the surface appear unrelated to AI. That’s currently all being kept alive by artificial cash flow broadly funded wi
217.
by cmiles8 3mo ago
Good advice. Ironically most long term folks that just buy low cost index funds and take a nap outperform most of the market stressing out daily on their next move. That’s the cruel reality of investing. When you factor in the opportunity c
218.
by cmiles8 3mo ago
There’s always money to be made in a bubble implosion. The challenge is there’s a very thin line between major bank and losing your shirt. Because of that most long terms smart investors just sit it out which is likely why you see Berkshire
219.
by cmiles8 3mo ago
There’s really not much question we are in a giant bubble that’s broadly been fueled by AI hype. The only serious question is how do we get out of it. In a controlled scenario the AI sector gets a severe correction with many AI-focused comp
220.
by cmiles8 3mo ago
It’s all fine till it’s not. Then it’s a gigantic financial house of cards that comes crashing down.
221.
by cmiles8 3mo ago
OpenAI are really starting to look and smell like “the bad guys” in the industry.
222.
by cmiles8 3mo ago
When the AI bubble cools these roles will be eliminated faster than you can blink. Mark my words.
223.
by cmiles8 3mo ago
There’s a difference between proprietary software thats highly profitable maintaining a stronghold over “cheaper” options and a massively overvalued and artificially inflated ecosystem having to confront economic realities. We are seeing t
224.
by cmiles8 3mo ago
Companies like Amazon taking out loans to fund more AI infrastructure, coupled with AI companies that are massively overvalued and burning cash, coupled with companies saying there’s no ROI from AI investments, coupled with the margin from
225.
by cmiles8 3mo ago
This is more marketing hype than substance. Amazon isn’t “building” a team, it’s broadly just taking existing people and now calling them “forward deployment engineering teams.” Also, adoption isn’t lacking because of lack of awareness. Ado
226.
by cmiles8 3mo ago
The ultimate irony here is that the biggest jobs wipeout most likely to happen now is when all these “AI exploration lab” type teams that every company quickly created are blown up. Most, if not nearly all, of these teams have little to sho
227.
by cmiles8 3mo ago
>>“Europeans were sold the idea that the US is their friend. It is an ally, but not a friend, and that distinction matters.“ This is a fair and key point and also worth considering the view from the other side of the pond. Americans w
228.
by cmiles8 3mo ago
Yes and this is the point. If Europe as a “bloc” wants to put substance behind the rhetoric then it needs to get everyone running in the same direction to actually compete with the US. Until then it’s all just wishful thinking.
229.
by cmiles8 3mo ago
The UK found this out the hard way after Brexit. When you go from sitting at the global table as Europe to being a relatively small island nation in the North Atlantic folks tend to negotiate with you differently.
230.
by cmiles8 3mo ago
The challenge for Europe is if it can actually deliver. It’s been highly dependent on the US economically, technically, militarily and otherwise for decades. Posturing on sovereignty has ramped up again but it’s not fundamentally new. A lot
231.
by cmiles8 4mo ago
If you can’t protect it as copyright (which the US and others have separately said) then how are you “protecting” it? It’s not IP.
232.
by cmiles8 4mo ago
I think we’re saying the same thing. If you’re using AI as a tool to support human creative content that’s one thing. But what courts are pushing back on is trying to patent/protect content where the core creator was AI. That’s what mo
233.
by cmiles8 4mo ago
This is consistent with rulings in other courts globally around IP rights. IP protects content created by humans. Your AI slop is effectively public domain.
234.
by cmiles8 4mo ago
The ultimate irony is that many folks asking for things to be “more inclusive” are asking for someone else to modify their behavior to fit the requester’s preference and definition of the “right” way, which is the literal opposite of being
235.
by cmiles8 4mo ago
Yes… and AWS is critical to the cash flow and valuation of its parent Amazon. The market looking like it’s trending towards oversupply does not paint a good picture in that context. AWS has to operate at these margins as most of the rest of
236.
by cmiles8 4mo ago
It’s a pretty consistent story in tech. Meta built a successful ads platform. That success went to their head and the company starts acting like it’s just great at tech and innovation and tried to do a bunch of other stuff. Turns out it’s p
237.
by cmiles8 4mo ago
Everyone slamming the brakes on tokenmaxing and companies putting strict AI budgets in place is surely having at least some impact on demand. And the point is not that “no” demand exists but the likes of AWS are building to the moon citing
238.
by cmiles8 4mo ago
So like likes of AWS are spending crazy sums building capacity citing amazing demand they can’t meet. Meanwhile those with capacity are saying hey maybe we don’t need so much and are building cloud businesses to compete with AWS and flood t
239.
by cmiles8 4mo ago
…except until non-US and non-Chinese companies can match performance this (mostly Europe) is just wishful thinking and sand pounding.
240.
by cmiles8 4mo ago
OMG yes this. So annoying. It’s like Uber saying book and pay for a ride, cars are 2 min away. Great here’s my money, send a car. 15 min later still waiting for car…

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