Good news. That is a lot of resources put forward for nothing more then a shiny new piece of tech which is mostly used as a toy.
this post was submitted on 02 Apr 2026
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Fuck AI
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"We did it, Patrick! We made a technological breakthrough!"
A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.
AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
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This is how monetary policy works, new debt inflates a large bubble, it fails, then they bail it out. This usually leaves a bunch of infrastructure behind, but the bailouts poof that bad investment out of existence because it was all fake money to begin with. Powell has said this many times about the dotcom bubble.
"Looks like RAM is back on the menu, Boys!"
why did i read this in chief wiggum's voice
AI crash wen.
Bubble pop when song end
good news, and good for the environment.
Here in Springfield IL we just had a city meeting.
4 hours long. They let anyone talk who wanted to. And you could even go twice (with 2 min limits ).
I really respected that.
Most counsel is Republican. Which is concerning.
We did manage to get them to table the vote after it came to light that the water they were planning on using is slated to come from a local lake that is already in the deficit (waterly lake).
And that they filed the wrong zoning. They filed it as agriculture.
But want to hear something super shitty. ?
About 1/5 of the people there ,(packed house with people standing) were from local unions in support of the data center.
These data center fuckers have been going to local unions and telling them how it's going to give them all jobs and all this b.s.
And a lot of speakers mentioned how low it was for the billionaire companies to turn our union members against their own communities.
There was only like 5 of them that spoke and they honestly sounded like selfish pricks.
One guy said the centers were going up rather we liked it or not so why not get the money.
Another said he didn't care if AI made other people lose their jobs because his job was more important.
Another idiot , in response to an example of a previous company who left asbestos that needed cleaned up, that the city had to pay for said "I worked on that clean up and it was good money".
Yeah. Really did not help their image. I was super disappointed in them.
They really think these data center companies are their buddy.
Also. Sangamon county can't provide the power they need. So they were planning on putting like 50 diesel generators that would run 24/7.
I can't believe the council members were ready to allow this.
Someone there also said the company had been threatening to sue council members if they didn't pass it. The speaker reminder them that we would sue them if they did. And investigate their finances like others are doing already in other cities with these awful data centers.
Not a data center, but this sounds very reminiscent of a fight I was in the middle of in 2024-2025. If you've heard of Coney Island, a vulture capitalist named Thor Equities was seeking to demolish the heart of it to build a casino, at the same time as two other casino proposals in NYC. Naturally, they pissed off entire artist communities. We railed against it, we attended every 4 hour community hearing, and we were eventually able to convince them to vote against it.
But at the same time, Thor Equities was literally bussing in people and paying them to feign support for the casino. They would show up in coach busses with matching tshirts and talk endlessly about the magical "job creation". It felt like an episode of Parks and Rec
It's dystopian that they can do this shit.
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Good. Let them all die
Wish it was all of em!
Do not let perfect be the enemy of good
probably the ones that arnt going to be built in INDIA, or somewhere in asia, where theres even less regulation.
Ok, so they bought billions of dollars of ram/storage, to put inside servers that haven't been bought yet, to put inside data centers that haven't been built yet, in order to run AI that doesn't work yet, in order to chase profits that are impossible to achieve.
And now, despite driving ram prices up to absurd prices, you've begun to realize the same thing all of us knew from before day one. NOBODY WANTS THIS SHIT!!!
None of that RAM (or the GPUs) have been purchased. All that is just letters of intent or even flimsier agreements, there’s no contracts or actual money changing hands.
Doesn't matter, they've captured the entire supply chain which was their goal.
This is not about AGI... its about monopolizing the future of computing.
All that is just letters of intent or even flimsier agreements, there’s no contracts or actual money changing hands.
Not quite. So while none of it has been made the pre-production, procurement, scheduling machine time, that is what's going to make retooling to make consumer RAM take forever. TSMC or whomever can't just flip a switch and produce a different product. It takes weeks to months to change over production that complicated. Money will change hands, work has already been done and agreed upon.
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I agree with you completely, but,
I wouldn't say "no one wants this" though. The oligarchs have poured in billions and bought off every media company to constantly spout off about ai companies so your general normie thinks its "the future". Almost every single (normie) person I know (except 1 who is anti AI, and he's a geek) is using some form of slopbot for tons of things. Easy excel formulas (that anyone can do), turning pictures black and white (that literally any photo program has been able to do for 30+ years) , to summarize documents (because people are idiots now and have no reading comprehension) etc. The normies LOVE it and eat up the slop. Especially if they were stupid at computers before, now they think they're on the level of woz because they told a chatbot to make slop code.
The company I'm in can't go 3 seconds without bringing up "ai innovation" and "being future ready".
Its only here on Lemmy that people dislike it. The rest of the world is already addicted, and we are screwed.
I've seen quite a few people who make casual use of it. The key point is that it is currently free to them. As soon as it starts costing money, a lot will bail on it.
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Yup and this is all going according to plan.
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Corner the Market
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Raise prices
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Sell High - The bubble will not burst until they're ready to leave us holding the bag. The burst will be triggered by the sell off.
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Buy low - All these assets will be liquidated during bankruptcy for pennies on the dollar; to the same shareholders as before.
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Rinse
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Repeat
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Fuck you (and me)
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Who knew that spending billions of dollars to put a cognitive shit generator into every corner of the world was a bad investment?
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Good.....good.......
Fucking Ed Zitron stated very loudly and very clearly for basically the last year that this was happening or would happen.
He "scooped" all of this by actually running the numbers, talking to sources, and not acting as a middle part of a human centipede for AI news and hype.
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It seems like a lot of you expect this to be like, generally a good thing. It's good in that any hindrance on capitalist destruction of land is good, but they don't retreat unless it is necessary. They see that the growth will not match speculation, but that speculation is the value and they already use the wealth created from it. Capitalists depend on infinite growth, if they can't materialise the value of AI to realise that speculative value, they will extract from elsewhere.
They're telegraphing that they intend to take more from you to make up for this.
Uplifting News
good
a gigawatt is like enough for say, Pittsburgh. They want to add THIRTY SEVEN new Pittsburgh level sites of power consumption, and that's just the next few years. really hitting the throttle on the ol' global warming
And they're doing it so they can fire more people and pivot to electronic slaves they don't have to pay.
Really good thinking, oligarchs. Start firing a bunch of people from coast to coast so they have tons of free time in lieu of easily identifiable buildings full of server racks that depend on easily disrupted fiber uplinks that you could never possibly hope to monitor and control from end to end to prevent sabotage. Fucking brilliant.
Those oligarchs better hope they biologically expire before the next quarter sets in and the maintenence bill arrives.
My face when the electronic slaves have an equally complicated, and less understood set of needs that still require human hands to intervene.
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Good
🎈📌
The reason why is simple: The projects were planned at a high level, the engineers checked all the boxes, and the executives pat themselves on the back.
Then they went to order everything and got, "out of stock."
Per the article it's "Batteries, electrical transformers, and circuit breakers" no less.
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Gee it's almost like the shit that tells you to roast your turkey at 375c isn't ready for prime time.
Yes, you're right! You can roast your Turkey at 3750 degrees Celsius to make it nice and crispy in 5 minutes instead of the usual, significantly longer time.
Would you like me to give you a foolproof 5 minute turkey recipe?
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Love that for them!
There’s been a lot of good news lately.
Ya love to see it. It turns out that they created a scheudenfreud generator instead of AI.
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