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Watching the Generative AI Hype Bubble Deflate
(ash.harvard.edu)
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this post was submitted on 22 Dec 2024
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The thing about tech bubbles is everyone rushes in full bore, on the hope that they can be the ones whose moonshot goes the distance. However even in the case where the technology achieves all its promise, most of those early attempts will not. Soon enough, we’ll be down to the top few, and only their datacenters will need to exist. Many of these failures will go away
In a rational, non-capitalist world, yes. In our world, all of those data centres will last until they can't find a way to squeeze some sort of profit out of them.