>As trillion-dollar tech companies spend hundreds of billions of dollars to build out artificial intelligence data centers, investors are looking for clearer signs that all that spending is actually delivering returns.>Some of the big companies that pay to use AI models have tightened their token budgets. Others have raised questions about exactly how much benefit they’re getting from all the time and resources they’re putting into AI adoption.>Nonetheless, Amazon CEO Andy Jassy told shareholders Thursday to brace for even more spending.https://www.nbcnews.com/business/markets/tech-stocks-nasdaq-ai-boom-fears-deepen-rcna606512
>>545306214How does this business model work in 10 years when they have more hardware than users and the production capacity keeps churning out hardware that companies/consumers will by up on the cheap.Unless they blow up the hardware manufacturers (China invades Taiwan) after then they get the hardware in the datacenters to keep hardware prices high, the datacenter buildout will never pay pay for itself or even recoup the capital costs
nasdaq will be up 10% tomorrow
>>545306214ever hear of something called a healthy correction in a secular bull market?
>>545306214cloud, microservices and SPA were all pushed top down by Amazon and other SV magnates to establish the web 2.0 bloated Software as a service new business modelit's all bloated garbage but this rentier model generates more profit than the previous web incarnation>>520144022SPA is is intentional bloatware pushed by silicon valley giants to force constant hardware upgrades on the normies. it generates more money than the web 1.0 minimalist model. same with cloud, which was pushed by silicon valley to introduce slow microservices that demand greater expenditures>>545306798web 1.0 was replaced by silicon valley tech dictators with web 2.0 to introduce centralized software as a service renteership (cloud, single page apps, microservices) all the bloatware to expend the financial and technological limits of all your computing and network resources
>>545306214>market drops 1%>op thinks this will cause a great depressionlol, lmao
>>545306926It's not the amount the market's dropped but the reason why. Companies are starting to question their reliance on AI
>>545306913>introduce centralized software as a service renteershipI just don't see this working, softwarre is no longer a value offering, llms are just going to get better and better at copying software whether from the exe or from inferring from the APISo then it comes down to wether they can keep a grip on hardware, I just don't see that succeeding
>>545307077AI is 1.8% of the economy if you including absolutely everything from software to construction of data centers. It can go away and nothing will happen except its not going to go away even if the stocks drop a little bit
>>545306214ai isnt taking your job anymore, get back to work wagies
>>545306214people that grew there own food were fine though. Great Depression only affected the people with stocks and people that can't do shit
>>545306798the government will be their main customer, purchasing ai compute to analyze their mass surveillance systems
>drop 2%Correction >drop 2% the next dayCorrection>drop 2% the followingStill a correction ai isnt going anyway it is making basic bob mcslave take on 10x more tasks (jobs) so you all can enjoy poverty nothing about this fake and gay economy was ever right in the head1 billionaire buying 1 million cherry cokes is a win to the ceo of pepsi despite being being in the red for the whole year
>>545307150As if the wild speculation has ONLY occurred for AI companies and not the entire tech industry.
i got into cybercrime too late. i worry therell be nothing to steal.
>>545307301Correction is a 10% drop bud>>545307391If ai goes away (it wont) then amazon still have their warehouses and trucks, apple still has computers and phones, tesla still has cars and robots
>>545307281Which means they will need a big government bailout or straight up be nationalised in 10 years.
I never got how they were supposed to ever make a profit when the chink models just run locally
>>545307498>"cybercrime">"yes ma'am, your compudr has a varus ma'am- NO, MA'AM WHAT ARE YOU DOING DO NOT REDEEM"Try sucking cock like a disgusting worthless faggot and dying of aids instead.
>>545306214>are looking for clearer signs that all that spending is actually delivering returns.UNDERSTAND FOR FUCKS SAKESTHEY DINT FUCKING CARETHEY DO NOOOOT CARE ABOUT MUH RETURNS ... THIS ISN'T ABOUT MONEY ITS ABOUT CONTROL AND ANSWERS TO QUESTIONS THEY WANT ANSWERED TO RULE THE WORLD THEY FULLY EXPECT IT TO CRASH AND THEY FULLY EXPECT BAILOUTS SND DEPRESSIONS THAT DOENOTINTERESTTHEMAT ALL ZERO NOTHING THEY DON'T FUCKUNG CAREIF AI GIVES THEM LONGEVITY...SOME breakthrough BREAKTHROUGH THEY CAM USE TO KILL THEIR ENEMIES...So yes expect a crash
>>545306214lol goodall these I GOT MINE white faggotts are about to find out. you bout to lose the mortgage, bitch lol
>>545307150>It can go away and nothing will happenWay fewer visa applications
>>545306829this. but good warning to get ready for actual drop. idk when. but this will trick a lot of folk I betcha. as intended. any /biz/raelis got a plan? what's the play or timeline
>>545306214We can just kill Elon and give his money to the other billionaires and it's like this never happened.
Maybe they should have made chatgpt less of a publicity trash fire then
>>545306214>to brace for even more spending.They gamble that they will be the only AI provider like Teslas rockets and Dtarlink being the one dictating the price?
>>545306214greedy cocksuckers get everything they deserve for abandoning their core consumer group in order to chase after lofty dreams.
>>545306214Tech yes. Excluding ai. AI will purge a big chunck of the tech sector. It was a bloat in the economy anyway.
>>545306214They are pricing in Democrats getting into congress and regulating AI but your (((news outlets))) will frame is as anything but
>>545311253
When the bears hunt the bulls get cucked
>>545306829Maybe, but the trend is DOWN.
>>545306798>in 10 yearsAbout that...
>>545308228People are not very confident over there but idk sometimes biz is a countersignal
>>545306214So you're saying in 2 more weeks everybody with a job and investments is going to be sorry they didn't just sit out life in their mom's basement like you did?
>>545306798>hardware that companies/consumers will by up on the cheap.How many times do they have to tell you? You'll own nothing and you'll be happy.
>>545308228Sell all the things for the next couple of weeks. Thank me later.
>>545306214>$1 trillionOf my sweet, summer child
>>545307528>amazon will still have their trucksNot for long. Welcome to the world of finance retard. If you cannot pay your debts by liquidating part of the business we will liquidate ALL of it to cover the debt. When the jews finally lose a modicum of power, expect them to nuke the entire worlds economy. They are that spiteful.
>>545313609The Jewish banks are insolvent. They crashed the system long ago. You're just too stupid to realize itusdebtclock.orgIts been a tickin time bomb for a hundred years now
>>545308228the play is to buy gold now while it is discounted, then when tech/AI dumps people are going to look for a safe place to put their money, this used to be bonds but bonds have zero demand because the government can't pay its debts and people are starting to realize it's just moneyprinter all the way down. so what you are going to do if you want to make it is buy gold now, it's the lowest it's been in a year, then tech stocks dump, people panic sell and they start buying gold because nothing else makes sense even oil doesn't fucking make sense, so then the price of gold is going to go up and the government is going to start printing money to bail out this jewish AI scam industry because all democrats and republicans do is print money and give it to jews and jews are about to be desperate for money, so this will cause gold to go even higher because fiat has been dead since covid moneyprinter but they have been keeping it propped up because nobody knows what to do without it, so anyway they will print more money and then gold will go up more and this is the part where you can either go broke or be set up for life: at a certain point the value of gold will be very high but the exchange rate between the dollar and chinese currency will still be pretty close to where it is now. china is going to have the next world reserve currency, the US treasury is bankrupt, it's inevitable. so what you are going to do is wait for gold to hit some magic high number and then when chinese currency starts being worth more against the dollar, sell all your fucking gold and buy chinese RMB. gold will start going down against chinese RMB and you just transitioned into owning the next global reserve currency. the bad ending to this strategy is the jews making chinese currency illegal or some dumb shit but i don't think that's very likely because while all this is going on there will be angry mobs and pitchforks. also you can open a bank of china account if you go to NYC.
>>545306214>GREAT DEPRESSION 2.0 INCOMINGjust as planned
>>545306798>How does this business model work in 10 yearsthey plan to have AGI and no one works anymore... of course they are retarded
>>545306214Nothing ever happens.
>>545306829Maybe not tomorrow but soon. S&P will pass $8k. It’s another bear trap before the real crash probably next year
