There are fresh signs that the AI boom is wobbling. Again. In recent weeks, a much-vaunted AI focused hedge fund run by Valley wunderkind Leopold Aschenbrenner lost $35 billion dollars. South Korea saw its largest-ever stock market collapse as investors pulled bets on AI chips. Due to a fresh series of moratoria and political opposition, the future of the massive data center buildout has never looked more uncertain. The US markets have dipped and boomed, dipped and boomed.

  • switcheroo@lemmy.world
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    11 days ago

    When AI starts to deplete our drinking water— the shit our entire race needs to survive— I HOPE it’s on its way out. Because that’s what’s happening. Fuck.