We really need to tax energy used by GPU-burning projects differently. AI training, blockchain, whatever. Such a wasteful endeavour.
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Fun fact they pay lower rate than households because fuxk you peasants ;)
All industrial users pay lower, because they're able to apply economies of scale and locate themselves in places with lower power costs. Some of them are big enough that the utilities will build power lines and plants specifically to make electricity cheaper. It's not just a matter of "oh, they're rich, so we'll charge them less."
I do understand the basics of how this works but big and/or business is directly subsidized by taxpayer and rate payer at every corner. It is getting tiring seeing this clown show when large swathes of population living hand to mouth, month in, month out.
You would think this would make people realize where the money is going ;)
That's the true point. How much is this really helping? I know as a private company they can do what they want but we need medical care, food security, and housing security. Nobody seems to give a rat's ass about being the Tony Stark of public or cheap housing. The things we truly need are not mystical ecosystem locking Jarvis's, but plain old reliable social services and other public services to lower the daily strain on the individual worker.
Carbon tax, it was proposed so many years ago and it's always been a good idea.
By now it should be a hard carbon budget and not a simple tax that can be dodged.
How would a budget be less dodgable than a tax?
(from Perplexity AI)
you should try to ask the same question using xAI / Grok if possible. May also ask ChatGPT about Altman as well
Wow that's almost 6% of what Microsoft is buying this year for that same purpose.
It will produce bigoted falsehoods so damn fast!
He's calling it a gigafactory? He already has a gigafactory, and it's actually a factory.
Just call it a datacenter, because that's what you're building.
It’s also funny to use “giga” in the marketing when everyone else is dealing with petabytes
processing measured in teraflops. data measued in petabytes. coolness measured in gigachads.
Calling it a pedofactory fits his personality better.
So what everyone else has been doing but smaller while calling it giga. Let me buy some TSLA shares.
Buy Nvidia shares. they're making the shovels...
Yeah, but that's already priced in. Anyone wanting to get on the Nvidia train for the AI push is a few years too late. Honestly, I expect it to be overpriced, with AI hype boosting it over the value it should have.
Did he just invent self-hosting?
Tech-bro's finest minds.
How dare you! It's not self-hosting. It clearly says "GIGAFACTORY OF COMPUTE"
Him and everyone else. The only problem is that NVIDIA can only build them so fast, and there's only so much high power datacenter space.
You know, The Infinite Monkey Theorem states that if you chain a room full of monkeys to typewriters and let them all beat the keys at random, for an infinite amount of time, they will . . . eventually . . . through sheer random chance . . . produce the comple works of William Shakespeare. Maybe in 10 trillion years or so. THIS is current state of "AI."
What Musk is proposing is like building an army of very expensive, very wasteful fusion-powered robots to beat the monkeys in the hope that the monkeys will work just a little bit faster.
With what money? SpaceX is the only company with any kind of steady revenue to its name and that's only because the US government subsidised it
I'm guessing from new investors. That still believe Enron Musk groks it.
In a presentation for investors, Elon Musk revealed that the new supercomputer will use as many as 100,000 Nvidia's H100 GPUs
Wait what? $4 billions worth of h100 🙃 such a funny guy...
H100 isn’t $40, it’s $40,000. You’re making the Bloomberg Mistake: it costs $4,000,000,000 - four billion.
I can’t wait to see what clownshoes nonsense way he absolutely fucks this one up, but that’ll take a lot of liquidity he probably doesn’t have access to unless he gets the $45bn Tesla payout.
xAI just finished up a funding round worth $6bn, he doesn't need to use his own money. It's the usual bunch of VC funds: Fidelity Sequoia, Kingdom Holdings (that's a Saudi fund).
Can he stay out of jail by then?