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Accenture Just Capped Employees’ Claude Spending at $29 a Month. Some Were Spending $1,000 (finance.yahoo.com)
submitted 3 days ago by to c/technology@lemmy.world
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[–] 222 points 3 days ago (20 children)

Alternate headline: C-Suite Execs Come To The Realization That AI Costs Money

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  • [–] 88 points 3 days ago (15 children)

    And it's going to cost a whole lot more once the investments dry up and they're going to have to actually pay for all the data centers under construction.

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  • [–] 12 points 3 days ago (11 children)

    Prolly not. When the bubble pops these data centers will be sold off for cents on the dollar and a bunch of the companies go bankrupt. There will be a glut of equipment, so prices will fall. People will buy up the scraps and provide compute services cheaper.

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  • [–] 28 points 3 days ago (5 children)

    You're more optimistic than I am. My bet is that when the bubble pops the government will step in to bail out these companies, especially household names like Nvidia, and none of the data center equipment ever finds its way into the hands of regular people. It's gonna get repurposed into a pillar of our surveillance hellscape, attempting to weed out people who are guilty of precrimes or thoughtcrimes, providing pretext to arrest political opponents and undesirables by going "they were dangerous! Our trillion dollar AI said so!"

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  • [–] 17 points 3 days ago (2 children)

    Nvidia is the one selling the shovels during the gold rush. They're not at risk of going bust.

    It's all the LLm companies leveraging themselves to the eye balls to buy Nvidia chips for their datacenters that are at risk.

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  • [–] 4 points 2 days ago (1 child)

    Haven’t they invested like $100 billion or so in LLM companies though? I thought they were a big player in the Enron-esque cyclical investment scam they’re all running. Will be tough for them if they can’t recoup any of that.

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  • [–] 5 points 2 days ago

    They've made several hundred billion off it though. Spending 100 billion to keep the hype train going is peanuts if it's making you over 100 billion a year in high-margin extra revenue.

    And much of that investment has been promises of future servers, etc. A lot of deals with dollar values attached to them take place with not nearly as many dollars changing hands.

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  • [–] 4 points 3 days ago

    It’s gonna get repurposed into a pillar of our surveillance hellscape, attempting to weed out people who are guilty of precrimes or thoughtcrimes

    You've created an entire narrative around this. That's impressive.

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  • [–] 0 points 2 days ago

    As regards the data centre equipment; the SSDs and hard drives used for storage would be reusable by regular people. Those will be nice to have.

    The memory is the high-bandwidth kind that is not be usable on consumer motherboards. The 'graphics cards' are the size of filling cabinets, require external power supplies and cooling, don't have video outputs, don't have drivers for graphics output. If you don't have a requirement for serious parallel computation with a very high uptime, then it's not worth the cost of powering them up. If/when the bubble bursts, all that shit is going to landfill.

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  • [–] 5 points 2 days ago

    Maybe, but that's temporary. The hardware has to be replaced after failures at minimum, if not sooner to upgrade. Yeah, there will be a period where the hardware may be cheaper, but the prices won't stay at that floor forever (though they obviously also won't be at the insane inflated prices of today).

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  • [–] 4 points 2 days ago

    Unlikely. They said that during the bitcoin and blockchain bubble too, and that didn't pop, it just deflated and everything got moved over to AI. AI is starting to deflate, but there will be a new bubble.

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  • [–] 2 points 3 days ago (2 children)

    Nah, they're getting suckers to build the data centers for them. US companies are getting tons of freebies/discounts/writeoffs from foreign countries to put these data centers in -- like Canada just announced Anthropic's going to have a massive data center in one of its tiny maritime provinces, likely enticed to the region via hand outs from the govt. They're bending over to accept big tech dick even as the country clings its pearls over sovereignty and the US fucking them over.

    Carney's sorta like the old "lady in the streets, freak in the sheets" thing -- he's Anti-America/Pro-Canada sovereignty in his speeches/public appearances, but he's slobbing all over Trump, Zuckerberg, Musk and Thiel's dicks behind closed doors. He's the ideal "girlfriend" for American imperialism. "Guk guk" yes sir, I can take ANOTHER datacenter!! "guk guk"

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  • [–] 1 point 3 days ago (1 child)

    Canada just announced Anthropic’s going to have a massive data center in one of its tiny maritime provinces, likely enticed to the region via hand outs from the govt

    Nova Scotia, but contrary to the assumption of government hand-outs, it is being hailed as the largest privately funded investment in the province's history.

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  • [–] 2 points 2 days ago

    It can be the largest privately funded investment, and still get huge provincial incentives. Discounts on utilities / infrastructure improvements, regulatory short cuts / unilateral control of building code items, ignoring zoning concerns, tax free / tax write off options for decades to come.

    But even more, Anthropic could throw a giant datacenter into a small community, and it may be the biggest investment in the area ever, but that still doesn't mean it's good for the locals. Especially since Anthropic is still an American company, and part of American imperial interests / the tech-fascist class. It's like if a company out of nazi germany showed up and made a huge investment in building a nazi fortress holding nazi computers / tech, and providing nazi services to your country (mostly as a way to report it back to the motherland) -- at a time when nazi germany is threatening to annex your country and funding disinformation campaigns to split your country apart with separatist bullshit. Cheering for that sort of thing is wrong on so many levels.

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