this post was submitted on 11 Oct 2023
502 points (92.8% liked)
Technology
59641 readers
2548 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
What I'm curious is what's going to happen to all these companies that went all-in on building data centers when they weren't doing it previously. Places like Meta and Amazon are huge enough that it's always been a sound investment but with this hype there are other companies trying to set up server farms with no real prize in sight.
I mean A100s don't exactly break that quickly and they're specialised enough hardware so that they will continue to be able to rent them out. They're also overpriced AF though which might cut into the bottom line but they're probably not going to end up with a giant loss, I don't really doubt they will break even. Opportunity costs are stellar, but OTOH there's so much billionaire capital floating around screaming for opportunities to park itself in that macro-economically it's negligible. Also I'm not exactly in the habit of crying about billionaires having a low ROI.