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CIRCLE WITH A DOT

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  3. Correcting for inflation, by the end of 2026, we will have spent more on AI than we spent building the entire Interstate Highway System and the transcontinental railroads (all four of them) combined.

Correcting for inflation, by the end of 2026, we will have spent more on AI than we spent building the entire Interstate Highway System and the transcontinental railroads (all four of them) combined.

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  • bastelwombat@chaos.socialB bastelwombat@chaos.social

    @OGJester But is it real money? Aren't most of the AI numbers based on this circular "investing" in each other scam?

    ogjester@pnw.zoneO This user is from outside of this forum
    ogjester@pnw.zoneO This user is from outside of this forum
    ogjester@pnw.zone
    wrote last edited by
    #7

    @bastelwombat Regardless of whether it’s actual money or circular investing, real data centers are being built, and they’re consuming real energy.

    Our entire economy has become scam-based, so I guess this all tracks.

    1 Reply Last reply
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    • ogjester@pnw.zoneO ogjester@pnw.zone

      Correcting for inflation, by the end of 2026, we will have spent more on AI than we spent building the entire Interstate Highway System and the transcontinental railroads (all four of them) combined.

      At some point, society needs to be asking what the benefit-to-cost value is to all this, because we could just tax all this money from billionaires and do stuff with it that’s actually useful.

      energisch_@troet.cafeE This user is from outside of this forum
      energisch_@troet.cafeE This user is from outside of this forum
      energisch_@troet.cafe
      wrote last edited by
      #8

      @OGJester but they wouldn't invest money for useful things - at least not for useful things that are usefull for most people

      1 Reply Last reply
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      • ogjester@pnw.zoneO ogjester@pnw.zone

        Correcting for inflation, by the end of 2026, we will have spent more on AI than we spent building the entire Interstate Highway System and the transcontinental railroads (all four of them) combined.

        At some point, society needs to be asking what the benefit-to-cost value is to all this, because we could just tax all this money from billionaires and do stuff with it that’s actually useful.

        kanamauna@sauropods.winK This user is from outside of this forum
        kanamauna@sauropods.winK This user is from outside of this forum
        kanamauna@sauropods.win
        wrote last edited by
        #9

        @OGJester

        That's...a lot. Wouldn't it have been easier if the billionaires just cosplayed in Galt's Gulch.

        ogjester@pnw.zoneO 1 Reply Last reply
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        • kanamauna@sauropods.winK kanamauna@sauropods.win

          @OGJester

          That's...a lot. Wouldn't it have been easier if the billionaires just cosplayed in Galt's Gulch.

          ogjester@pnw.zoneO This user is from outside of this forum
          ogjester@pnw.zoneO This user is from outside of this forum
          ogjester@pnw.zone
          wrote last edited by
          #10

          @KanaMauna No doubt.

          1 Reply Last reply
          0
          • ogjester@pnw.zoneO ogjester@pnw.zone

            Correcting for inflation, by the end of 2026, we will have spent more on AI than we spent building the entire Interstate Highway System and the transcontinental railroads (all four of them) combined.

            At some point, society needs to be asking what the benefit-to-cost value is to all this, because we could just tax all this money from billionaires and do stuff with it that’s actually useful.

            kevinrns@mstdn.socialK This user is from outside of this forum
            kevinrns@mstdn.socialK This user is from outside of this forum
            kevinrns@mstdn.social
            wrote last edited by
            #11

            @OGJester

            Yes thank you, thats the correct path.

            Towns and small cities are doing the heavy lifting now, they shouldn't be alone.

            1 Reply Last reply
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            • ogjester@pnw.zoneO ogjester@pnw.zone

              Correcting for inflation, by the end of 2026, we will have spent more on AI than we spent building the entire Interstate Highway System and the transcontinental railroads (all four of them) combined.

              At some point, society needs to be asking what the benefit-to-cost value is to all this, because we could just tax all this money from billionaires and do stuff with it that’s actually useful.

              rakun@mastodon.onlineR This user is from outside of this forum
              rakun@mastodon.onlineR This user is from outside of this forum
              rakun@mastodon.online
              wrote last edited by
              #12

              @OGJester
              Investor: with this money, we could build a country connected by train
              CEO: OR, with this money, we could have fewer employees
              Investor: take my money

              1 Reply Last reply
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              • ogjester@pnw.zoneO ogjester@pnw.zone

                Correcting for inflation, by the end of 2026, we will have spent more on AI than we spent building the entire Interstate Highway System and the transcontinental railroads (all four of them) combined.

                At some point, society needs to be asking what the benefit-to-cost value is to all this, because we could just tax all this money from billionaires and do stuff with it that’s actually useful.

                rbanffy@mastodon.socialR This user is from outside of this forum
                rbanffy@mastodon.socialR This user is from outside of this forum
                rbanffy@mastodon.social
                wrote last edited by
                #13

                @OGJester I would prefer to build a self-sufficient lunar habitat, but I think the overinvestment in AI will yield cheap HPC infrastructure that’ll help further other goals.

                Military spending would be a nice thing to cut and shift part of the resources to soft diplomacy.

                1 Reply Last reply
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                • ogjester@pnw.zoneO ogjester@pnw.zone

                  Correcting for inflation, by the end of 2026, we will have spent more on AI than we spent building the entire Interstate Highway System and the transcontinental railroads (all four of them) combined.

                  At some point, society needs to be asking what the benefit-to-cost value is to all this, because we could just tax all this money from billionaires and do stuff with it that’s actually useful.

                  whoosh@neuromatch.socialW This user is from outside of this forum
                  whoosh@neuromatch.socialW This user is from outside of this forum
                  whoosh@neuromatch.social
                  wrote last edited by
                  #14

                  @OGJester

                  This is Capital trying to save itself by swimming against the rip current.

                  1 Reply Last reply
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                  • ogjester@pnw.zoneO ogjester@pnw.zone

                    Correcting for inflation, by the end of 2026, we will have spent more on AI than we spent building the entire Interstate Highway System and the transcontinental railroads (all four of them) combined.

                    At some point, society needs to be asking what the benefit-to-cost value is to all this, because we could just tax all this money from billionaires and do stuff with it that’s actually useful.

                    catarinac@masto.ptC This user is from outside of this forum
                    catarinac@masto.ptC This user is from outside of this forum
                    catarinac@masto.pt
                    wrote last edited by
                    #15

                    @OGJester hi, does the graph come with a news source? just so I can quote it

                    ogjester@pnw.zoneO 2 Replies Last reply
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                    • catarinac@masto.ptC catarinac@masto.pt

                      @OGJester hi, does the graph come with a news source? just so I can quote it

                      ogjester@pnw.zoneO This user is from outside of this forum
                      ogjester@pnw.zoneO This user is from outside of this forum
                      ogjester@pnw.zone
                      wrote last edited by
                      #16

                      @catarinac I’m doing some digging… I will let you know what I find.

                      1 Reply Last reply
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                      • catarinac@masto.ptC catarinac@masto.pt

                        @OGJester hi, does the graph come with a news source? just so I can quote it

                        ogjester@pnw.zoneO This user is from outside of this forum
                        ogjester@pnw.zoneO This user is from outside of this forum
                        ogjester@pnw.zone
                        wrote last edited by
                        #17

                        @catarinac This seems to be the source of the image:

                        Link Preview Image
                        Bull of the Day: Bloom Energy (BE)

                        The biggest bottleneck to the AI revolution isn't chips or software-it's the power to run them. With the U.S. electrical grid reaching its breaking point, big tech is turning to on-site generation to keep the lights on.

                        favicon

                        Zacks Investment Research (www.zacks.com)

                        catarinac@masto.ptC 1 Reply Last reply
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                        • ogjester@pnw.zoneO ogjester@pnw.zone

                          @catarinac This seems to be the source of the image:

                          Link Preview Image
                          Bull of the Day: Bloom Energy (BE)

                          The biggest bottleneck to the AI revolution isn't chips or software-it's the power to run them. With the U.S. electrical grid reaching its breaking point, big tech is turning to on-site generation to keep the lights on.

                          favicon

                          Zacks Investment Research (www.zacks.com)

                          catarinac@masto.ptC This user is from outside of this forum
                          catarinac@masto.ptC This user is from outside of this forum
                          catarinac@masto.pt
                          wrote last edited by
                          #18

                          @OGJester Thank you!

                          1 Reply Last reply
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                          • ogjester@pnw.zoneO ogjester@pnw.zone

                            Correcting for inflation, by the end of 2026, we will have spent more on AI than we spent building the entire Interstate Highway System and the transcontinental railroads (all four of them) combined.

                            At some point, society needs to be asking what the benefit-to-cost value is to all this, because we could just tax all this money from billionaires and do stuff with it that’s actually useful.

                            shoq@mastodon.socialS This user is from outside of this forum
                            shoq@mastodon.socialS This user is from outside of this forum
                            shoq@mastodon.social
                            wrote last edited by
                            #19

                            This comparison is fundamentally broken. It mixes private capital chasing returns with public spending funded by taxpayer. Those are not interchangeable pools of money. You can’t just “tax it instead” without eliminating the very investment driving the growth.

                            More importantly, it treats AI like a static project (roads, rail) instead of what it actually is: a general-purpose productivity technology, like electricity or computing, that increases output across every industry. The benefit isn’t …

                            a_minion@mastodon.socialA 1 Reply Last reply
                            0
                            • shoq@mastodon.socialS shoq@mastodon.social

                              This comparison is fundamentally broken. It mixes private capital chasing returns with public spending funded by taxpayer. Those are not interchangeable pools of money. You can’t just “tax it instead” without eliminating the very investment driving the growth.

                              More importantly, it treats AI like a static project (roads, rail) instead of what it actually is: a general-purpose productivity technology, like electricity or computing, that increases output across every industry. The benefit isn’t …

                              a_minion@mastodon.socialA This user is from outside of this forum
                              a_minion@mastodon.socialA This user is from outside of this forum
                              a_minion@mastodon.social
                              wrote last edited by
                              #20

                              @shoq Explain "Not interchangeable pools of money". When our major problems are not AI and it's all speculation that it will have some "wisdom". Lets face real problems, starting with our environment, starvation around the world, War's of no meaning except death. Morons who think they are god, that they have a right to compel the rest of us to follow them "Just on account of because" they are wealthy or powerful.

                              Money is simple, it's all one pool, Money spent here is not spent there.

                              1 Reply Last reply
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