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OpenAI announces "The Stargate Project" - a 500 billion endeavor for new AI infrastructure in the USA
ManaByte
Gold Member
Huh? Open AI isn't getting $500M. Open AI, Oracle, and Softbank (and a couple of others) are committing the $100M (eventually $500M over the next four years) to it.
ManaByte
Gold Member
Pretty sure the EU is going to try to target this under their gatekeeper rule or whatever it is for tech.
sono
Gold Member
some noughts missing ?
I read 500Billion not million
who is putting up 500Billion over 4 years or 125Billion a year on avg ?
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willothedog
Member
they already working on the 'Wormhole X-treme' project.
ManaByte
Gold Member
The companies named are. It’s a massive investment by them.
Boozeroony
Member
Some powerful technology is coming our way in the next decade. Let's hope we can use it for the better.
Ballthyrm
Member
All I see is kickback for Tech giants supporting Trump.
AI has yet to make a lot of money, sure the potential is here but so is Fusion.
That's a lot of money for potential. Fusion on the other hand, we know everyone need energy. Where is the 500B for Fusion ?
I don't think the private sector needed that public money. They would have invested anyhow.
Public money should go to high risk, high return that wouldn't get funded by private capital.
Like NASA should be doing, stuff like DARPA, ARPA-E, etc
AI has yet to make a lot of money, sure the potential is here but so is Fusion.
That's a lot of money for potential. Fusion on the other hand, we know everyone need energy. Where is the 500B for Fusion ?
I don't think the private sector needed that public money. They would have invested anyhow.
Public money should go to high risk, high return that wouldn't get funded by private capital.
Like NASA should be doing, stuff like DARPA, ARPA-E, etc
FeralEcho
Member
"for the better"
This will only make the poor poorer,the rich richer and the general population more confused than ever before with the level of manipulation and indoctrination that AI will be a part of worldwide through social media,tv networks and across various entertainment media.
ManaByte
Gold Member
They’re not getting public money. They’re the ones investing.
Herbspiceguy
Member
At this point I'm convinced Brussels and the WEF actually want to see Europe become irrelevant. The amount of policies that stifle business (climate), agriculture (some of our nations largest export) and (high-tech) innovation at an increasing rate is staggering and alarming.
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Kenneth Haight
Gold Member
Ballthyrm
Member
Ah,I jumped to conclusion and I misunderstood that. If it's private money, then I'm okay with it.
I guess we can still expect big tax breaks though, and depending on your political leaning you can consider that public money.
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Ballthyrm
Member
We French people invented the solution for that exact problem 230 years ago.
BennyBlanco
aka IMurRIVAL69
Sheesh. That is a hell of an investment round.
SJRB
Gold Member
The EU is the land of regulators. Career politicians, people who never have actually built something in their entire life. All they know is how to regulate.
It is so deeply embedded into the system, so fundamentally engrained into the EU's political DNA that they actually openly celebrate moments of regulation like they've achieved a victory, that they've made a difference. They are actually proud of the plastic bottle cap and the forced USB-C.
There's no coming back from this.
I was in London recently talking with someone. I said I was in AI. They said, “oh, that’s my field too. Public policy, I’m going into government to regulate AI.”The EU is the land of regulators. Career politicians, people who never have actually built something in their entire life. All they know is how to regulate.
It is so deeply embedded into the system, so fundamentally engrained into the EU's political DNA that they actually openly celebrate moments of regulation like they've achieved a victory, that they've made a difference. They are actually proud of the plastic bottle cap and the forced USB-C.
There's no coming back from this.
Bojji
Member
Technology that will cause massive unemployment (in millions) and allow rich to be even richer and poor to be even poorer
What is "AI infrastructure" exactly?
Improved internet bandwidth and more data centers, making the internet better fir all of us? Enhanced power grid and power production that makes it more reliable for all of us? Or just an "off grid" power and data network that ONLY supports AI and would let it function even if the 'civilian' grid were....smashed?
Improved internet bandwidth and more data centers, making the internet better fir all of us? Enhanced power grid and power production that makes it more reliable for all of us? Or just an "off grid" power and data network that ONLY supports AI and would let it function even if the 'civilian' grid were....smashed?
ManaByte
Gold Member
Those 20 data centers are going to employ a lot of people to build and staff.
Bojji
Member
I meant Ai expansion in general.
People cheering on Ai are (in my opinion) like this:
No wonder that Ai is pushed so much by corporations...
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Ballthyrm
Member
The EU is the land of regulators. Career politicians, people who never have actually built something in their entire life. All they know is how to regulate.
It is so deeply embedded into the system, so fundamentally engrained into the EU's political DNA that they actually openly celebrate moments of regulation like they've achieved a victory, that they've made a difference. They are actually proud of the plastic bottle cap and the forced USB-C.
There's no coming back from this.
There is three big problem with the EU.
- market size, you can't make something for the whole EU following the one set of rule like you can in the USA to access the hundred of millions of population
- regulation environment, way too many preventives rules for something that you don't even know if it's going to work or not
- capital risk, you just can't raise enough money, and the money you can raise is very expensive, why bother get 5M€ for 20% when you can get 5M$ for 10%
What is really sad is that all that is killing innovation from the get go.
Mistral AI ( France) is forced to follow crazy regulation so even if they have great ideas they can't compete with the US regulation environment.
Deepmind (United kingdom) had to go be bought by Google to have even a chance to get enough money to make what they wanted, they would never have succeeded without American investment.
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I meant Ai expansion in general.
People cheering on Ai are (in my opinion) like this:
No wonder that Ai is pushed so much by corporations...
Could turn out badly, or could turn out Star Trek TNG.
Bojji
Member
There is a chance for that, but I'm mostly pessimistic about direction our world is going into. Money > greater good, I think civilization will end before humanity will start thinking otherwise.
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LegendOfKage
Member
If you ever want to know if the US President can do something on his own or if he needs congress to approve of it, just ask yourself if money needs to be spent on it. If the answer is yes, then he needs congress to get it done.
Dirk Benedict
Gold Member
Abundant energy, ChatGPT, iPads, and Ozempic. Already getting there!
Dirk Benedict
Gold Member
We need the legitimate Holodeck. I don't want any of this fake, current bs.
Raphael
Member
That's billion not milion. Absolutely insane amount.
ManaByte
Gold Member
Tams
Member
ProtoByte
Weeb Underling
He's not totally wrong. You see big numbers like this get floated in pseudo-governmental circles/organizations, and the money never quite comes to the stated level when all is said and done.lol at the butthurt
In any case, I do not think it should feasibly cost 500 billion to advance AI tech. I do not believe in AGI though.
Mistake
Member
I give the EU credit for regulating ports and cables. Having so many electronics on different stuff became a total nightmare at one point.I was in London recently talking with someone. I said I was in AI. They said, “oh, that’s my field too. Public policy, I’m going into government to regulate AI.”
As for the news, that's an incomprehensible amount of money. But having Japan on your side for developing AI is a definite win
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Lukaku's First Touch
Member
Yeeey 'creating jobs' my ass. Like what?
AI will cost so many jobs it's going to be insane. Should use that money to fund quantum computing.
AI will cost so many jobs it's going to be insane. Should use that money to fund quantum computing.
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GHG
Member
Not that you know of and/or not yet.
ValiantInstance
Member
If only Boris hadn't lost his last remaining braincells bonking Carrie then Dominic Cummings would have culled the civil service and these morons would be behind the counter at Burger King.I was in London recently talking with someone. I said I was in AI. They said, “oh, that’s my field too. Public policy, I’m going into government to regulate AI.”
rm082e
Member
I still don't think this is going where people think it's going. I'm all for building new power plants because we need those anyway, but I'm still not seeing the mass use case for ML. Highly specific tasks, sure. But I don't see this as the next automobile, internet, or smart phone.
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