Corporate bond offerings intensifies.
Pretending this isn’t about a massive surveillance state part 357
“Once the AI is smart enough we’ll ask it how to make a profit.”
- Sam Altman, I think.
At a current pace of what, -6 trilly?
“It will have to go beyond the thing it already doesn’t do, to things it can’t possibly do.”
That’s the real kicker. CEOs promised full AGI, full autonomy, basically the impossible, and investors invested in that. If they can’t deliver on that impossible goal then they failed their investors. It’s wonderful, except they’ll all get golden parachutes.
Does it? I thought this entire industry was completely unhitched from reality and was basically just one massive case of corporate fraud.
Some of it really is absolutely useless.
Some of it actually provides real value.
Some of it seems to provide value, but actually makes things worse.
Time will tell the proportions.
The part that provides value is dirt cheap, though.
Deepseek 4.1 and Mimo 2.6 are basically free compared to Claude, and TBH it feels like the harness/wrapper, not the LLM, is the limitation for doing useful things with them.
All they need to do is get governments high on AI mass surveillance and they’ll be golden
Gouvernement doesn’t have 6 trillion to spare on mass surveillance
You got causality reversed here man. They’re military infrastructure, the chatbot slop is just sugar coating
Get govs high on mass surveilance? Can’t get any higher than this.
All you need to do to reach that number is hire a major consulting firm. Arthur Anderson, PWC, Deloitte, HCL, TATA, etc. Time has proven that they are all agents of fraudulent companies who will make up any numbers you pay them to.
is there even that much money in economy that can be used for that? Where would it even come from?
Where would it even come from?
Everyone’s retirement.
So everyones future for old age will get used up so rich people can buy even more yachts.
They can already justify it: plenty of slaves to go around.
Not really. This article assumes revenue needs to cover total spend but there will be winners and losers so revenue only needs to cover the winners expenditure which is less than a trillion. It also seems to be using the wrong figure for datacenters. The amount of data center applications isnt the actual amount since they put multiple applications per data center to shop around for good deals.
Also the sheer amount of control you’d get from being the dominant AI provider is worth a lot. Its like YouTube running at a loss for 10 years now google owns TV.
How much is the cure/treatment for Parkinson’s worth? Or other intractable medical problems?
What about a device able to manipulate the containment field of a fusion reactor?
These are the reasons why everyone is buying the compute services - there are dozens of moonshot-grade problems that are suddenly possible to attempt. Many will fail, but whoever gets that one success will gain astronomical benefit.
