Nobody said anything about the end of the world, only the end of the 40-year status quo, which itself will be pretty catastrophic for everyone involved.mjbais1489 wrote: ↑7:23 PM - 19 days agoI will bet you $1,000 to your favorite charity an AI bubble popping (if that even occurs) does not lead to the end of the world.
Too hard. Let's ask Chat to do it for us.StlAlex wrote: ↑7:45 PM - 19 days agoIt's insane how little people know about how entirely dependent the economy is right now on hopes and prayers that these companies will manage to make enough of a profit "someday" to pay off trillions of dollars in debt. Who do you think is paying that money? If we are even assuming it is possible to pay off that debt.
Beyond a surface level look at their debt and revenue projections, the vast majority of what AI is being used to do is objectively bad for humans and the real economy. But I assume most of this forum is too removed from that to have any grasp at all of the real harm happening.
Have we even considered the immense drain on natural resources these are? Think about how much good things all the steel, concerte, and labor could have been used for.....fixing our infrastructure, new housing, new office/retail/entertainment that people actually want, building new infrastructure God forbid....but now all the proponents of good things have to compete with a massive bad thing fully backed by the world's richest people, who can easily pay for the inflated cost due to their insane demand.
Do some critical thinking.
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Objectively speaking...framer wrote: ↑4:33 PM - 18 days agoIf I had a dollar for every time Alex uses the word "objectively" . . .
. Is this the same thing as the teased Mark Twain Industrial Park?addxb2 wrote: ↑8:00 PM - Aug 28Post Dispatch is reporting a data center proposal is imminent for mark twain industrial park. The investment is expected to EXCEED the $3B Midtown Data Center and would be the first major data center in North St. Louis. It's going to be remarkable how much revenue for both City and SLPS is going to be made up of data center money by 2030.
https://www.stltoday.com/news/local/government-politics/article_4b215515-7e71-4646-b05d-92238cfb1b28.html
That may be just in time for the city to consider a nascent proposal for the first major data center in north St. Louis.
Officials expect the project to locate in Alderwoman Pam Boyd's ward, which includes portions of the north riverfront and the Mark Twain/I-70 Industrial neighborhood.
And it is expected to be large — with investment exceeding that of the $3 billion development near the Midtown Armory.
In a suit against the city’s Board of Adjustment, partner David Lambiaso alleges that two conditions the board imposed as a requirement on the construction of the data center are illegal and would be “practically impossible” for the planned project.
The two requirements revolving around renewable energy requirements and a measure that requires the city’s Board of Aldermen to approve a community benefits agreement “exceed the scope of authority” of the board and the city's Board of Adjustment, the suit alleges.
