this post was submitted on 29 Sep 2025
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Fuck AI
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Well said, and I think a good comparison (and something Doctorow has brought up before) is that the dot-com bubble built a ton of infrastructure and fiber networks that were later able to be utilized. He sort of touched on this when he said "Plan for a future where you can buy GPUs for ten cents on the dollar".
That all said, as Ed Zitron is oft to highlight, something like 30% of the value of the SNP 500 is in "AI" right now. Even a relatively small pop could lead to more widespread repercussions.
Yeah, I've heard more in depth analysis of phased GPU use plans for up to 3-5 years of life that account for all this. I think planning for GPUs for cents on the dollar is planning to own a dollar store after 3-5 regular supermarkets have run their course in a neighborhood for 20+ years. It's not a way to reasonably look at this.
True. Doctorow is not exactly one to restrain himself in lieu of a stinging hyperbole.