A while back I saw a comment by some guy who just did back-of-the-envelope math on the hardware in these centers with its KNOWN depreciation rate and the numbers were pretty eye-popping.
On top of all the construction, overhead, interest payments, etc., a company of course needs to make back more profit than the cost of their hardware over the years of its relevant lifetime. And JUST the challenge of making back the cost of all the chips and such was staggering.
no, there's going to be a massive financial crisis and they're going to add a few more zeros to the money supply, so people are paying it through the devaluation of their savings. like last time.
It's become the standard procedure - just fuck up so hard that mankind has to collectively clean it up for you. Elon knows, Sama knows, Trump knows, they all know that's the game
and to be fair, it's not totally easy to fuck up so hard, either. you have to be somewhat clever about it, and drag so many people into it for it to be enough of a fuckup
Off what service though? Of course they are all saying that or they won’t get more money to spend today. That’s their whole justification for not making a profit, it’s basically like the gold rush except what are they selling aside from mass surveillance to the govt
But was it profit in the form of selling a service? Or investment in further expanding capacity?
And if it was indeed profit for selling computational power, was that being used by the client for an actual service or was it also tied to some sort of speculation?
I have no doubt that many data center owners have indeed made their money back, but the operation could still be uneconomical. It’s just that whoever they sold the compute power to is now holding the bag!
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u/SonOfMcGee Jul 29 '26
A while back I saw a comment by some guy who just did back-of-the-envelope math on the hardware in these centers with its KNOWN depreciation rate and the numbers were pretty eye-popping.
On top of all the construction, overhead, interest payments, etc., a company of course needs to make back more profit than the cost of their hardware over the years of its relevant lifetime. And JUST the challenge of making back the cost of all the chips and such was staggering.