AI: The Good, The Bad, and The Ugly. AI is real but overinfluenced by big investors.

A new essay is online! open.substack.com/pub/nutballc...

#AI #technology #future #malinvestment #software #hardware #GPU #TPU #NPU

Given that #CPO, other #photonic, analog including thermodynamic, and #organoid approaches cut the power "required" for #generativeAI training and thus the water, by orders of magnitude...

Literally all US AI is #malinvestment, all of it, part of an #AIbubble certain to collapse.

#NoDataCenter

screenshot of headline

it would be hard to think of a more obvious example of #malinvestment than a bunch of companies rushing to turn themselves into vehicles to use borrowed money to buy bitcoin a la #MicroStrategy.

just in the past few weeks we've seen #HowardLutnick's sons […]

[Original post on universeodon.com]

When the FED plays god with interest rates, they always get it wrong—fueling bubbles or killing growth. Fake rates = fake prosperity. Let the market decide! #EndTheFed #Malinvestment #StopManipulation