• 0 Posts
  • 16 Comments
Joined 3 years ago
cake
Cake day: August 23rd, 2023

help-circle




  • The AI bubble is starting to pop. All of these companies have made hardware and data center investments far beyond what is needed or can be sustained. The debt is piling up and they are scrambling to justify the immense build out. Musk allowing porn and CSAM on Grock for paid users , Chat GPT pushing commercials, Microslop putting copilot in everything and forcing adoption. Oracles server utilization remains low, Etc. etc.

    They now need to show immense growth and adoption in order to keep getting loans or justify burning cash to their shareholders.

    Chat GPT and Oracle will be the first to fall, then xAI etc. Google and Microslop have other revenue sources that can weather the storm. But they won’t continue their massive investments.



  • I agree, the problem is you have to consume at some level you need food water clothes etc. and for poorer people 100% of their income goes to just buying the basics. You also don’t want to put other citizens out of jobs because of a boycott, that would get unpopular quickly.

    For this to work long term you need to get the top 10% or 20% of consumers to cut back on the extras. I.E. Amazon Prime, Netflix, Chat GPT subscriptions, hold off buying an iPhone or electronics, etc.

    If you did that and caused consumption to dip even 5% you would hurt the companies that the oligarchs run and in turn hurt Trump.


  • Ramp it up!

    The worst crime you can commit under capitalism is not participating, not buying, not renting, etc. These tech companies are built on debt that is serviced by profits.

    Moving the needle down and impacting their income by even 5% will have a huge impact on a business’s bottom line and in turn a CEO’s income, bonuses and stock options etc.

    If you want to make Trump and his regime change then you have to hit the only people he will listen to… his fellow oligarchs.







  • It depends on the customer. Microsoft, Google, Amazon all have the revenue to carry the debts they are taking on. Oracle, Chat GPT, Musk and others are waay more sketchy.

    The build out is going to take billions of dollars and these companies aren’t going to see a return for at least 5 years or more. The majors can carry that kind of debt load long term even if AI doesn’t pan out. Other businesses will struggle or go under if AI doesn’t bring the returns.

    The next major movers will be companies that do a lot of IT business consulting like IBM. They are going to be busy helping non IT focused firms incorporate AI into their business model.

    Finally if all these data centers pan out and the US keeps oscillating between shunning Renewables or Fossil fuels every time a new party comes to office we are going to have major problems with our energy infrastructure. Think energy bills as high as your mortgage within the next 5 years. Invest in utilities or energy companies and try to put solar and some kind of storage on your home.