More infrastructure spend by a software company. None of the spend is by actual customers for AI. It's all just more air in the bubble. (View Post)

"The hundreds of billions of dollars companies are investing in AI now account for an astonishing 40 per cent share of US GDP growth this year... In a way, then, America has become one big bet o… (View Post)

@forgebitz i changed all our "loading..." states to "thinking.." we are an agentic AI startup now (View Post)

I spent several hours this morning 'fixing' access to some servers for a remote developer in India. They put in a VPN ticket cos they said it wasn't working. It wasn't working cos they were trying to… (View Post)

The problem is not the gross expenditure, as such. The big issue is the incestuous nature of the spend. Nvidia went up cos OpenAI ordered loads of cards. OpenAI went up cos they got another round of … (View Post)