alt Hacker NewsThe hyperscalers do not want us running models at the edge and they will spend infinite amounts of circular fake money to ensure hardware remains prohibitively expensive forever.
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> of circular fake money
Oh it gets worse than that, the money which caused all of this by OpenAI was taken from Japanese banks at cheap interest rates (by softbank for the stargate project), and the Japanese Banks are able to do it because of Japanese people/Japanese companies and also the collateral are stocks which are inflated by the value of people who invest their hard earned money into the markets
So in a way they are using real hard earned money to fund all of this, they are using your money to basically attack you behind your backs.
I once wrote an really long comment about the shaky finances of stargate, I feel like suggesting it here: https://news.ycombinator.com/item?id=47297428
> and they will spend infinite amounts of circular fake money to ensure hardware remains prohibitively expensive forever.
That's ridiculous, "infinite money" isn't a thing. They will spend as much as they can not because they want to keep local solutions out, but because it enables them to provide cheaper services and capture more of the market. We all eventually benefit from that.
> they will spend infinite amounts of circular fake money > forever
If that's the plan (there is no plan) then it expires at some point, because it's a spiral and such spirals always bottom out.