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Comment Re:Twice as much electricity? (Score 1) 100

China’s energy advantage is huge. All the big tech companies propping up the US stock market need more data centers. Data centers use massive amounts of energy. The US cannot provide that energy. The government won’t let anybody add large scale solar or wind projects. There is a years long wait for the turbines needed in natural gas plants. Nobody even knows how long it will take to build a new nuclear plant in the USA because it hasn’t been done in decades. This means that all those AI companies that need more data centers, all the cloud hosting companies, the social media companies, they’re all going to be unable to grow quickly in the near future because the US cannot provide power. But China has excess capacity, has been bringing new nuclear plants online every eight months for the last decade, will soon be deploying small nuclear reactors that are still years away in the US, and is deploying huge solar projects at a rapid pace. And Chinese companies are even building nuclear plants in other countries. This will allow Chinese tech companies to dominate AI, and other internet services, in all of the BRICS countries, the entire global south, and probably even Europe at some point. By the time the US tech industry finally has the power it needs China will be so far ahead that American business will never catch up.

Comment Good! (Score 2) 34

This is the future of film making. No more $250 million budgets to hire 20 FX houses in 12 countries to make a movie based on tired IP. AI is going to let small budget movies made all over the world compete with the biggest movies from Disney and Warner. This is going to be great in the long run. You know all those sci-fi and fantasy novels that you wished would be a movie but they just never made it past the Hollywood gatekeepers? AI is how those movies will be made.

Comment Good work! (Score 5, Insightful) 68

Congratulations to the DOJ for doing serious damage to one of the most vile criminal enterprises of our time. They hit slavery, fraud, and graft in one fell swoop. At a time when the DOJ is being abused for shameless political vendettas it’s nice to see real good work being done.

Comment Remember marchFIRST? (Score 4, Interesting) 46

Those of us who were around for the web 1.0 boom should remember marchFIRST. It was the dotcom enabler with its own VC arm. marchFIRST would get investors to give it money that it invested in startups. Then the startups would use the money to pay marchFIRST for branding services. And web design services. Then backend development. Followed by hosting. Then marchFIRST started over with another bullshit startup. And everybody at marchFIRST was getting bonkers salaries, free lunches, and playing pool at the office with the money skimmed off at each step of the chain. AI companies are doing an even more obvious scam with much more money. The American AI companies, hardware providers, data center companies, etc. are all just bouncing money and phony spending commitments around so they can keep getting paid until the whole house of cards comes tumbling down.

Comment Dumb fridges: combing soon to rich people (Score 1) 261

In ten years only rich people will be able to afford a new refrigerator that doesn’t have a screen and require a persistent internet connection to operate. You’re going to see ads where a woman in a BMW pulls into her garage, walks into a modernist kitchen, and uses her bare arm, decorated with a Vacheron Constantin watch, to open a screenless refrigerator.

Comment Untrue (Score 1) 134

> If AI displaces human labor entirely and no mechanism of redistribution is created, then there is no broad income base to sustain demand

I don't think this is true necessarily. Companies can invest in other companies. And those other companies can invest in other companies. And the government can provide loans to these companies to create new money and keep the cash flows moving along.

There isn't any actual need for raw labour or any sort of "redistribution" to move capital around.

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