Why does "Not needing labor at all" need to be in space?
Bezos is just saying shit to generate hype. All these executives are just saying shit. There is no plan. You must treat these people as morons who understand nothing.
Anyone who knows even the slightest details about datacenter design knows what moving heat is the biggest problem. This is the exact thing that being in space makes infinitely harder. "Datacenters in space" is an idea you come up with only if you are a moron who knows nothing about either datacenters or space.
If nothing else this is the singular reason you should treat AI as a bubble. All of the people at the helm of it have not a single fucking clue what they're talking about. They all keep running their mouth with utter nonsense like this.
Billionaires are often being regarded as having extremely insightful ideas, in practice their fortunes was often built on a mix of luck, grits and competence in a few narrow fields, but their insights out of their domains tend to be average or worse.
Being too rich means you end up surrounded by sycophants.
We are a long way from that. At least 10 years, probably never gonna happen.
I agree, but would like to maybe build out that theory. When we start talking about the mechanisms of the past we end up over-constricting the possibility space. There were a ton of different ways the dotcom bubble COULD have played out, and only one way it did. If we view the way it did as the only way it possibly could have, we'll almost certainly miss the way the next bubble will play out.
The only thing to keep in mind is that all of this is about business and ROI.
Given the colossal investments, even if the companies finances are healthy and not fraudulent, the economic returns have to be unprecedented or there will be a crash.
They are all chasing a golden goose.