In this very specific case I don’t think this is what is happening. Data center investment is the only thing keeping GDP positive, the moment this stops the real situation of the economy will become visible to everyone and they don’t want that.
Here's my attempt[0] (5 months ago) on trying to keep track of all the things that AI had negatively done yet we were forgetting back then. Looking back, I definitely need to update it as so much has happened since then but that is my point, I wish if you could go back and see all the negative things that we most likely forgot AI companies have done. They are just continuously overdoing things and constantly tiring us and having us not keep track of all the things of our past and the process repeats.
GDP is a particularly poor proxy to measure all of this. AI/Datacenters can increase the GDP while the costs (energy,infra, labor,disruption,capital concentration) are distributed elsewhere
It reminds me of the old joke where two economies each eat a dead rat for 10k$ and conclude they just added 20k$ to the GDP/Economy.
I wish to ask if its that AI is increasing our actual economic output but also who really captures the gains and who bears the costs if the boom eventually reverses.
surfmike · · focus · HN ↗
JumpCrisscross · · focus · HN ↗
mlinhares · · focus · HN ↗
Imustaskforhelp · · focus · HN ↗
GDP is a particularly poor proxy to measure all of this. AI/Datacenters can increase the GDP while the costs (energy,infra, labor,disruption,capital concentration) are distributed elsewhere
It reminds me of the old joke where two economies each eat a dead rat for 10k$ and conclude they just added 20k$ to the GDP/Economy.
I wish to ask if its that AI is increasing our actual economic output but also who really captures the gains and who bears the costs if the boom eventually reverses.
[0]: <a href="https://news.ycombinator.com/item?id=47739653">https://news.ycombinator.com/item?id=47739653