"every bit of AI demand ... that exists only exists due to subsidies"
Really? NOBODY would pay whatever the fully-loaded cost is? What about people running local models on their own GPUs? Are they being subsidized too?
"every bit of AI demand ... that exists only exists due to subsidies"
Really? NOBODY would pay whatever the fully-loaded cost is? What about people running local models on their own GPUs? Are they being subsidized too?
Yes, because they didn't pay the cost to train those models in the first place.
But Ed reads more and more like he has been personally wronged by the AI companies and is on a righteous crusade to destroy them. He has plenty of valid criticisms, but he comes across like he has his head in the sand when he can't seem to acknowledge any potential upside at all related to AI. It's starting to feel like he's just interpreting news and events to fit his worldview, which isn't that valuable as a reader (unless I want that worldview affirmed for me).