this post was submitted on 18 Sep 2024
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Microsoft, BlackRock form fund to sink up to $100B into AI infrastructure (go.theregister.com)
submitted 4 months ago by [email protected] to c/[email protected]
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[โ€“] CodexArcanum 1 points 4 months ago

I guess the "prize" of destroying human labor costs is big enough to justify any bet on it, no matter how long, but I just wish it would actually ruin some of these shitty companies; instead it's going to ruin thousands of workers' lives and eventually result in massive government subsidies to bail out their losses.