- 2 Posts
- 6 Comments
phil@lymme.dynv6.netto
Fuck AI@lemmy.world•Goldman Sachs has launched an "S&P ex-AI" index that tracks the S&P 500 stocks not related to AI, offering investors a way to "hedge their exposure to the AI trade.
2·2 months agoAI is perfect for fueling a financial boom: great narrative, incredible promises in short and long term, huge needs and potential, and high risk that it will go terribly wrong. Bankers love that and can create unlimited credit to fuel the fire. But since they constantly create new gambling products, one can also bet that it’s not fueled enough and is about to crash. Total schizophrenia.
phil@lymme.dynv6.netto
Fuck AI@lemmy.world•Microsoft expects its annual water consumption to reach 28B liters by 2030, up from 7.9B liters in 2020 and 10.4B liters in 2024
9·2 months agoTechbros got a bit too excited with Moore’s law: they want everything they touch to grow exponentially. Specially money.
Thanks but strangely i didn’t recognize that same token ;)
Seriously i doubt that Nadella was just talking about strings of chars. An interesting paper was published the day before Nadella’s talk (https://www.deloitte.com/us/en/insights/topics/emerging-technologies/ai-tokens-how-to-navigate-spend-dynamics.html):
Business leaders should treat AI economics with the same rigor as energy or capital allocation, recognizing tokens as the new currency
Nadella keeps on talking of “tokens” generated by the data centers that must be infused everywhere. Surely a new BS buzzword but what is it? Since the target of such talk is finance executives, is it about the merge of crypto-currencies and AI, i.e. how to make out of gigantic investments?
Not sure i understand the idea taking over an open source project when one can contribute or even fork it.
Anyway, it looks like France is quite Open Source friendly. For ex. the “DINUM” (gov. IT agency) has quite a few FOSS projects, finally could support financially Matrix, and there’s also quite a push for open data (https://www.data.gouv.fr/). About surveillance i suppose it’s quite bad indeed, but i don’t think it matters if the software has a licence like AGPL.
Finally, i doubt there’s a safe haven for privacy nowadays, but please prove me wrong :)


That will be interesting to see how this difference impacts the bubble explosion.