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Milo Minderbinder as a service.

“Back out the GPUs” is the new back out the cash

Effing wild conflagration of money. Just spending beyond imagining.

I 'member when GPUs were for playing video games

it’s AIG all over again

The Gamers have truly won….

Ask ChatGPT: “Is this sustainable?”

Generative AI and Large Language Models Do Not Resemble Amazon Web Services or The Greater Cloud Compute Boom, As Generative AI Is Not Infrastructure, but another service sold on top of a cloud provider. It's a $50bn TAM market pretending to be a $1tr one. www.wheresyoured.at/the-haters-gui/

Now, Amazon doesn't have a money making system to just throw into their GPU datacenters, before GenAI their use cases for GPU compute were very limited. It's going to be a bloodbath for engineers going forward until we get the 'next big thing' as this pops.

Sort of makes sense why the stock market 📉 hasn’t been more violate given the Tariff King’s lunacy.

it's the ouroboros market

did Amazon ever have negative margins? I assumed it was always capex, etc, not margins that made the business red.

there has never been a point in my adult life when the phrase 'get while the gettin's good' hasn't been a guiding truism and nothing in my childhood prepared me to be that ruthless.

📌

Sorry, 19% of the 35% or 19% of the total? Either way. Wtf.

Started with crypto - use GPUs to make fake money for Ponzi schemes Now it's use GPUs to make a failing company. I can only assume there's a lot of embezzlement going on, because the alternative is too stupid

So to put this in terms a dummy like me can understand: “Big Capitalism just admitted that there is a Graphics card bubble like there was a housing bubble.” Correct?

Gosh, if only something useful could be found for that half a TRILLION dollars. We’ve failed as a society, miserably.

It’s an investment bubble like dot.com- there’s no incremental value behind it except in very specialised areas where relational database enquiry has been applied for years