this post was submitted on 30 Oct 2026
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[–] bagsy@lemmy.world 14 points 10 hours ago (1 children)

Sorry, but sellers will NEVER let the price come down. It will take years, if ever that prices start coming down again. Also, there is almost zero chance the rich give up on their dream of replacing expensive employees with GPUs. Even if the market corrects a bit and washes out some weak businesses, the AI build out isnt going any where. There is money to be made replacing employees, and someone is going to make it, come hell or high water.

[–] Jiral@lemmy.world 8 points 9 hours ago* (last edited 9 hours ago) (1 children)

"Even if the market corrects a bit" I think you have no concept on how large that bubble has become already. This could heavily impact the real economy.

After the bubble implodes it will become much harder to finance such data centres, never mind that it will be much harder to find a place to build it, even with all the corruption in the world.

[–] bagsy@lemmy.world 3 points 4 hours ago (1 children)

I understand the numbers are truly staggering, but I've also been around the block enough times to know employers and investors will go to unbelievable lengths to save costs on labor. If the 1% believes AI is going to cut labor costs, then nothing will stop them. Nothing.

[–] Jiral@lemmy.world 1 points 54 minutes ago

That doesn't matter if the house walls are coming down because the cards are falling. Of course there is something that will stop them, the real cost of LLMs. There are no real costs yet, they are hidden by the bubble. The 1% loves cutting labour cost but not when that means losing money.