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Comment Re: That was entirely predictable (Score 1) 29

Annoying article with little substance. I agree with the thesis, (gwb not stupid), but I sincerely doubt hyperbolic claims that he is more "intelligent" than >98%+ of the generala stanford professional class. Prof seems kinda unintelligent for writing such sophomoric tripe

Comment Re:Technologically, it's a good idea (Score 1) 104

Its financially great for customers. They can chose to opt in or not if that price meets their threshold. Ideally it would be structured in such a way that they are compensated for the reserve capacity (kW) that they hold available and the energy delivered (kWh) when that capacity is requested. The only missing step is for them to name their price and suddenly this is how the electricity market operates.

Comment Re:And the big question is... (Score 1) 51

Are they really banking on the costs dropping? Surely they need to make up for the hundreds of billions already spent and (and trillions more they speak of) It seems likely that the frontier LLM AI business plan is to heavily subsidize our addiction and or overreliance on these tools and then leverage this relationship to extract whatever revenue is necessary. Or it will collapse and shareholders will lose a lot of money. I read recently that the major firms' spending on AI is increasing much faster than their revenues from other services allow and they are increasingly moving into debt financing that is linked into private equity and the banking system, possibly leading to broader economic problems should the business plan fail.

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Ask five economists and you'll get five different explanations (six if one went to Harvard). -- Edgar R. Fiedler

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