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137 sats \ 6 replies \ @optimism 27 Nov
And worse, it's not even of actual strategic importance, because they're still talking about chatbot companies. Strategic importance would be real-time target acquisition from 120fps hi res satellite video. Analytic AI, not generative (i.e. the other way around)
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100 sats \ 4 replies \ @BlokchainB 28 Nov
Great point. But all the economic activity around this sector it has to win or America will be destroyed economically for a decade or so
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384 sats \ 0 replies \ @KudzaiK OP 28 Nov
This is not the best way to ensure a US win. Firstly, China has more installed electricity capacity than the US and we both know that data centres are electricity guzzlers. The US actually needs to build approximately a minimum of 40 new nuclear power plants in the next decade if it’s to stay in the game. I assume that theoretically this EO seeks to address that as well but realistically barring the discovery or invention of new more efficient reactors, the probability of the US building this capacity in a decade is quite low. That’s saying nothing of the fact that companies like OpenAI bet the farm on LLMs with AGI being the target. As of today, it doesn’t seem like AGI is coming anytime soon
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68 sats \ 2 replies \ @optimism 20h
Could also stop being a nation of degens and not go all in on a single industry fueled by shitcoiner lies?
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100 sats \ 1 reply \ @BlokchainB 18h
Well when the money Is worthless everyone is looking for growth and don’t want to miss out on the next big technological shift. So it make sense that everyone is Degen’ing into this potentially humanity changing technology.
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21 sats \ 0 replies \ @optimism 16h
You can also send all your cash to me. I can as potentially make it do 1000x as Sammyboi can change humanity.
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100 sats \ 0 replies \ @KudzaiK OP 28 Nov
You summarized the problem beautifully 🤝💯👏🏻
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100 sats \ 1 reply \ @Cje95 28 Nov
It is grossly misleading to hint at a bailout. What the government wants is AI at the National Labs and those computers are already being build on sight. The companies themselves don’t matter. You are comparing a steam powered train to a jet engine.
These aren’t to big to fail because the jobs related are not the same as GE, GM, and Chrysler. The government has already gotten what it needs. Nvidia is completely fine and is loaning out to others but they can stop and the orders will continue to flood in.
I can only guess you don’t understand the AI hierarchy and how it works over all because this…. Is well it’s kinda plain dumb and surface level. Nothing is looked at for the roots or the entire ecosystem.
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0 sats \ 0 replies \ @KudzaiK OP 28 Nov
It’s not misleading at all, especially when you consider the numbers and the events leading up to this. Genesis ensures the state, through the Dept of Energy is a buyer of last resort for any “AI services”, given the likelihood of the scenario where the state intervenes; this is a preemptive bailout through the back door. Whilst Nvidia is financially sound and has a proven business model, openAI is supposed to somehow pay for infrastructure worth $1.6T against $12B worth of revenue in the next 4 years. I believe in miracles as much as the next guy, but I don’t see a realistic scenario where OpenAI doesn’t get a gvt bailout to stay afloat.
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