• Dave.@aussie.zone
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      16 days ago

      Especially not with Finns. They like their forest, about 3/4 of the population goes and disappears into the forest during summer holidays.

      And then, they are also quite strict on The Rules Being Followed To Maintain Polite Society, so a corporation both destroying forest and breaking The Rules, well, that’s not gonna end well.

      • Malica@lemmy.zip
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        16 days ago

        Do they also have those lovely cabins you can rent everywhere, like in Norway? You’d never see my ass (except for work) if I lived there.

      • GreenKnight23@lemmy.world
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        16 days ago

        doesn’t matter. there are laws that must be followed. they broke the law, openly, and someone found out and told people. now the politicians that sold the land have piss on their face and have to do something about it or risk being replaced.

    • RedGreenBlue@lemmy.zip
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      16 days ago

      Petteri Orpo, said attracting investment was a “top priority” and “the value of the data economy extends far beyond direct investment”.

      X doubt.

      They probably gave them deals on electricity too. The Fins are getting nothing in return. Wow.

  • eicker@lemmy.worldOP
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    16 days ago

    Turns out a business plan consisting of »build a trillion dollars of server farms now, figure out who pays later« gets slightly less charming once the lenders ask for actual numbers. The AI industry wanted to disrupt every profession except the ancient art of checking whether the math works.

    • Xaphanos@lemmy.world
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      16 days ago

      As someone on the inside, I can assure you that the buyers put down money up front for a specified product and delivery date. There is no speculation involved. They line up to give us money. Unless Microsoft et al. goes bankrupt, we keep building.

      • Snowclone@lemmy.world
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        16 days ago

        It’s not an issue of prediction, or prophesy, it’s that all the available information right now looks like a classic bubble. could it find profitably? idk. is it profitable? No. is there billions or trillions in debt changing hands too fast for anyone to keep track of? yes. is someone selling somke? most likely these are the situations in which con artists thrive. probably not everyone is intending to sell smoke. but not all of this is going to work out, some may come out on top, but some will fall, and that will be a bubble.

        • Xaphanos@lemmy.world
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          16 days ago

          Going a step further, the builders that build with environmental and community concerns first are more likely to endure. My company does exactly that.

          • felixwhynot@lemmy.world
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            16 days ago

            FTA:

            Drawing on data from regulatory intelligence outfit RegLayer, the FT reports that 47 large data center projects have already fallen through this year. Analysts at the equity research firm Bernstein only believe that about 35 percent of planned facilities are feasible.

            Would you dispute these claims, based on your experience?

            • Xaphanos@lemmy.world
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              15 days ago

              Not at all. Most builders are clueless. They think that because they have money, they can solve any problems.

              Edit: Adding that site selection is HARD. Every developer with a spare farm plot wants in on the action. Most are completely inappropriate.

        • Xaphanos@lemmy.world
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          16 days ago

          If we are not going to have honest discussion, why participate? Lemmy should be better.

          • Davel23@fedia.io
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            16 days ago

            So a post making claims against all visible evidence with no proof for any of it is “honest discussion”?

            • Xaphanos@lemmy.world
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              16 days ago

              You ask “why believe me?” I ask " why take you seriously?" And we get nowhere.

              The popular opinion is framed in view of the worst offenders. That gets clicks. My daily experience shows me that:

              • one urinal in my building uses more water in a day than the datacenter does in a year.
              • our generators run at less than 65 dB at full tilt at a distance of 30 feet. They are only run during utility outages - and monthly tests for 10 minutes.
              • we build in corporate parks and remote sites with surplus power.
              • the power substation we paid for and built delivers 20 MW back to the community. We added capacity to the local area on our dime.

              However, others are not like us. Musk runs gas turbines for primary power. MS uses open- loop cooling. They get the headlines. We don’t. Our business is based on responsible behavior. But we get painted with the same brush.

              • Davel23@fedia.io
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                16 days ago

                Ok, even assuming all that is true (just saying it doesnt make it so) none of it has anything to do with the inherent unprofitability of AI. Anthropic alone is reporting an $80 billion loss for the year. Last I heard the industry as a whole needs to make a few trillion dollars just to break even. Regardless of how efficient or not your particular data center may be, it’s not going to fill that gap.

                • Xaphanos@lemmy.world
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                  16 days ago

                  Agreed. Oai, Anthro, etc don’t necessarily have paths forward. But a LOT of folks want their hands on the results. Perhaps real open sw will rise to put them under and no one will need to pay for the models. But they will have to pay for the hardware to run it. And that’s pricey. And we get paid up front.

                • SabinStargem@lemmy.today
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                  15 days ago

                  Honestly, I am confused by the rushed build out. If I was wealthy, I would be trying to ensure that my wealth isn’t being burned away for nothing. Having properly placed and authorized data centers would help protect my investment.

                  The Dotcom bubble and the 2008 housing crisis are still in living memory. Are the wealthy just that unaware - or worse, uncaring - about how things could play out? 🤨

        • moustachio@lemmy.world
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          15 days ago

          All of these companies are not publicly traded. The “big ones” that build the data centers will lose a lot of value but will continue to exist.

          The LLM companies deserve to & should go under.

        • shalafi@lemmy.world
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          16 days ago

          The AI bust will be an order of magnitude worse. The money involved is staggering. AI is almost all of America’s GPD and a monster chunk of stock valuation.

          • Nonstop Nut November@lemmy.world
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            16 days ago

            Yep, and like the dot-com bubble, businesses have tied themselves too closely with AI to the point it’ll be harder to backtrack and pull out than with the dot-com boom. At least word of mouth and having a website were easily separable from the business end. Having a website and integrating AI into your website and your business is a whole different story.

      • NekoKoneko@lemmy.world
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        16 days ago

        Considering how tech CEOs are acting, with their bunkers, bodyguards, remote islands and rockets, I’m not sure they planned to come back after leaving with all our money.

  • BuckFutter@timeyak.com
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    16 days ago

    What a weird sequence of sentences to describe that no one likes data centers

    people aren’t dropping their shorts…

    cracks are forming…

  • Uriel238 [all pronouns]@lemmy.blahaj.zone
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    15 days ago

    That people were dropping their shorts i the first place is a bad sign.

    The ubiquity of NSAs signed by government officials shows the entrenched degree of corruption. The companies and officials alike should be charged with crimes.

    • RagingRobot@lemmy.world
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      15 days ago

      Not only that but they know people don’t want them and they not only allow it but then also give them tax breaks. So the data center owners aren’t even paying taxes to improve the community. All these assholes do is take

  • RonnyZittledong@lemmy.world
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    16 days ago

    One thing I noticed while voting in the mid terms is how being anti data center is fairly bi-partisan even for maga dick bags.

      • Obviouslywrong@lemmy.world
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        16 days ago

        The, we’re going to spend 10 trillion dollars on new data centers and they will use all the water and power messaging for stock pumping while people see costs increasing and rising water and power bills was a pretty direct and understandable message. Remarkably fast turnaround though ,it shows how most concepts are ossified while this was genuinely new and people were willing to change their minds on it.

    • zaphod@lemmy.ca
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      16 days ago

      And yet Republican candidates and sitting legislators are pushing hard for them. They really don’t seem to be reading the room well.

      We’re seeing the same thing in Canada, too. The typical alignment between corporations and the right wing seems to not be serving them well this time around…

      • sbbq@lemmy.zip
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        16 days ago

        They’re reading the room just right, you just don’t get who’s in it. They’re doing what they’re told by their tech masters.

        • zaphod@lemmy.ca
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          16 days ago

          I get that but they also need to be elected unless their goal is to pad their pockets as quickly as possible, now, before they get kicked out of office (which, hey, for some, certainly possible).

          Personally, I suspect they’re so deep in their own bubbles, and so used to a mindless right wing base that will vote for them no matter what, that they don’t see what’s going on.

      • takeda@lemmy.dbzer0.com
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        15 days ago

        The face that they are still hesitating with trump becoming highly unpopular tells me that what most likely happened is they were bought by tech bros into their technofeudalism shit.

  • Zachariah@lemmy.world
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    16 days ago

    I’m studying his body. I’ve never studied the body of a man before. It’s not my thing. Nothing wrong with it, of course. But I looked at his ass and then I looked at his legs. I said, “His ass—shit—it’s like, it’s like a pile of muscle.” Then I looked at his legs, and I said, “Man, his feet are big.” Then I looked at his shoulders, and I tapped him on the shoulder, and it actually hurt my hand. It was like a piece of steel.

  • lntl@lemmy.ml
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    14 days ago

    These companies are “too big to fail.” Just like last time, when the bottom drops out on these bad investments the debt will be socialized.

    • cantstopthesignal@sh.itjust.works
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      14 days ago

      My theory is they want the democrats to win so they can come hat in hand to congress and ask for bailouts for this totally not essential and speculative industry.

  • Tollana1234567@lemmy.today
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    15 days ago

    also the fact that the ai chips wont be operational until a few years later, by then the AI models are all outdated.

    • NuanceDemon@lemmy.dbzer0.com
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      15 days ago

      Its not a monolith, older models are still useful because they’re less intensive and so more efficient for certain tasks. Those older models will likely still run fine on outdated hardware.

      A lot of people imagine hardware that has been outdated as immediate e-waste. It sounds stupid because it would be stupid.

      • ubergeek@lemmy.today
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        14 days ago

        A lot of people saw what happened (And is happening) with Crypto mining. How long before dedicated ASICs for models start popping up? Those ASICs are retired generally after ~6 months now, and end up costing more than the mining would generate.

        So, tons of ewaste, just from crypto companies.

  • SnarkoPolo@lemmy.world
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    14 days ago

    American taxpayers will foot the bill for the bailout. And AI will know if you’re unhappy about it.