this post was submitted on 17 Oct 2024
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Economics
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Totally agree with your assessment.
It's also important to remember that, even if AI/ML don't have a killer consumer application right now, those systems are really powerful for recommending targeted advertisements. That's why all the big tech companies are throwing money at nvidia to build out more and bigger datacenters.
I would think that machine learning algorithms were already in use for targeted advertising from well before the AI boom.
But it’s generating the text of the ads this time.
I would guess that's also why they are looking at power reactors. From their point of view this business can only be profitable by squeezing costs and investing in energy generation is one possible avenue to do that.