The So-called 'AI' (Slop) Companies Will Have the Plug Pulled
Missiles are already confirmed to have hit debt-saddled GAFAM datacentres: (Bahrain confirms)
What about their electric bills?
"A gallon of US diesel retails for $5.49, the American Automobile Association says. Although it’s 46 percent higher than a month ago, it pales next to places like Singapore, where it’s now more than $15 a gallon. Coastal US producers are already exporting higher quantities, causing local prices to rise." -An hour ago
Singapore hosts many GAFAM datacentres.
Also today: ‘India is going to face a food crisis’: Farmers panic over fertiliser shortages amid Iran war | Australians told to continue Easter travel plans despite fuel shortages
It's going to get a lot harder to justify wasting energy on slop, which is notoriously energy-hungry because of GPUs and problems of scale (lots needed to produce so little).
The economics of slop were already unconvincing in 2022. Slop was mostly good at amassing losses and accruing debt. Imagine their power bills tripling. It can vastly accelerate this bubble's implosion. █