Posted by delaugust 11 hours ago
I think that what is really behind the AI bubble is the same thing behind most money, power, and influence: land and resources. The AI future that is promised, whether to you and me or to the billionaires, requires the same thing: lots of energy, lots of land, and lots of water. Datacenters that outburn cities to keep the data churning are big, expensive, and have to be built somewhere. The deals made to develop this kind of property are political — they affect cities and states more than just about any other business run within their borders.
If you just wanted land, water, and electricity, you could buy them directly instead of buying $100 million of computer hardware bundled with $2 million worth of land and water rights. Why are high end GPUs selling in record numbers if AI is just a cover story for the acquisition of land, electricity, and water?
When a private company can construct what is essentially a new energy city with no people and no elected representation, and do this dozens of times a year across a nation to the point that half a century of national energy policy suddenly gets turned on its head and nuclear reactors are back in style, you have a sudden imbalance of power that looks like a cancer spreading within a national body.
- Trump is threatening an oil rich neighbor with war. A complete expensive as hell army blowing up 'drug boats' (claim) to make help the press sell it as a war on drugs. Yeah right.
- Green energy projects, even running ones, get cancelled. Energy from oil and nuclear are both capital intensive and at the same time completely out-shined by solar and battery tech. So the energy card is a strong one to direct policy towards your interests.
If you can turn the USA into a resource economy like Russia, than you can rule like a Russian oligarch. That is also why the admin sees no problem in destroying academia or other industries via tariffs; controlling resources is easier and more predictable than having to rely on an educated populace that might start to doubt the promise of the American Dream.
I could be wrong, this could be nonsense. I just can't make sense of it.
Unless AI can change the laws of physics, extremely unlikely.
Like the way we can daydream about a galaxy, then snap-back to work. It's the same mechanism, but with enhanced focus you go from not just visualising > feeling > embodying > grounding in the new location.
We do it all the time, however because we require belief that it's possible in order to maintain our location, whenever we question where we are - we're pulled back into the reality that questions things (it's a very Earth centric way of seeing reality)
Also, it may be true that these companies theoretically have the cash flow to cover to spending, but that doesn't mean that they will be comfortable with that risk, especially as that risk becomes more likely in some kind of mass extinction event amongst AI startups. To concretize that a bit, the remote possibility of having to give up all your profits for 2 years to payoff DC investment is fine at 1% chance of happening, but maybe not so ok at a 40% chance.
What is the value of technology which allows people communicate clearly with other people of any language? That is what these large language models have achieved. We can now translate pretty much perfectly between all the languages in the world. The curse from the tower of Babel has been lifted.
There will be a time in the future, when people will not be able to comprehend that you couldn't exchange information regardless of personal language skills.
So what is the value of that? Economically, culturally, politically, spiritually?
LLM is for translation as computers were for calculating. Sure, you could do without them before. They used to have entire buildings with office workers whose job it was to compute.
What is the value of losing our uniqueness to a computer that lies and makes us all talk the same?
Google Translate was far from solid, the quality of translations were so bad before LLMs that it simply wasn't an option for most languages. It would sometimes even translate numbers incorrectly.
And as others have said, language is more than just "I understand these words, this other person understands my words" (in the most literal sense, ignoring nuance here), but try getting that across to someone who believes you can solve language with a technical solution :)
> And as others have said, language is more than just "I understand these words, this other person understands my words" (in the most literal sense, ignoring nuance here), but try getting that across to someone who believes you can solve language with a technical solution :)
The kind of deeply understood communication you are demanding is usually impossible even between people who have the same native tongue, from the same town and even within the same family. And people can misunderstand each other just fine without the help of AI. However, is it better to understand nothing at all, then to not understand every nuance?
Most of this feels like people trying to get rich off VC money — and VCs trying to get rich off someone else’s money.
> Again, I think that AI is probably just a normal technology, riding a normal hype wave. And here’s where I nurse a particular conspiracy theory: I think the makers of AI know that.
I think those committing billions towards AI know it too. It's not a conspiracy theory. All the talk about AGI is marketing fluff that makes for good quotes. All the investment in data centers and GPU's is for regular AI. It doesn't need AGI to justify it.
I don't know if there's a bubble. Nobody knows. But what if it turns out that normal AI (not AGI) will ultimately provide so much value over the next couple decades that all the data centers being built will be used to max capacity and we need to build even more? A lot of people think the current level of investment is entirely economically rational, without any requirement for AGI at all. Maybe it's overshooting, maybe it's undershooting, but that's just regular resource usage modeling. It's not dependent on "coding consciousness" as the author describes.
First of all this AI stuff is next level. It's as great, if not greater than going to space or going to the moon.
Second the rate at which is improving makes it such that the hype is relevant and realistic.
I think what's throwing people off are two things. First people are just over exposed to AI. So the overexposure is causing people to feel AI is boring and useless slop. Investments are heavy into AI but the people who throw that money around are a minority, overall the general public is actually UNDER hyping AI. Look at everyone on this thread. Everyone and I mean Everyone isn't overly optimistic about AI. instead the irony is... Everyone and I mean everyone again strangely thinks the world is overhyped about AI and they are wrong. This thread and practically every thread on HN is a microcosm of the world and the sentiment is decidedly against AI. Think about it like this, if Elon Musk invented a car that cost 1$ and this car could travel at FTL speeds to anywhere in the universe, than interstellar travel will be routine and boring within a year. People will call it overhyped.
Second the investment and money spent on AI is definitely overhyped. Right? Think about it. If we quantify the utility and achievement of what AI can currently do and what it's projected to achieve the math works out. If you quantify the profitability of AI the math suddenly doesn't work out.