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FT Edit
@ftedit.ft.com

Investors are losing confidence that revenues from the AI boom can support the vast debt piles financing data centres, driving down the price of bonds backing some of the largest US projects. “Data centre bonds are having their Darwin moment,” said one CIO. Read the story 👉 ft.trib.al/j6Rchmr

56 reposts117 likes

Oden
@odense.bsky.social

AI-understanders think that gen AI will make money in ways analogous to how NFT-understanders thought NFTs would make money and Web3.0-understanders (crypto ver.) thought Web3.0 would make money and how shitcoin-understanders thought shitcoins would make money.

rktecture
@rktecture.bsky.social

Absolutely incredible it's taken them this long to wake up to the dogshit unit economics of LLMs and that it's now a largely generic service with near zero switching costs. But yeah, these guys are "super smart", right?