Comment by lpcvoid
9 hours ago
I argue that if you have literal hundreds of billions of hard cash to burn for stupid things like AI datacenters, you could afford to make the lives of millions of starving people not suck instead, pretty easily so. But to do that, you'd have to try, and that would mean actually doing something good for humanity. Can't have that as a billionaire.
Who has hundreds of billions of hard cash for data centers? All of the AI spending has been in IOUs between Nvidia, OpenAI, Coreweave, etc. And even if you did have hard cash, how will you spend those billions? No one actually seems to have a sound plan, like I said. They just claim it can be done.
Ok but what if I shoot a car into space and buy my own social media company. Surely thats a better use of billions!
> SPIEGEL: Mr. Shikwati, the G8 summit at Gleneagles is about to beef up the development aid for Africa…
> [Kenyan Economist] Shikwati: … for God’s sake, please just stop.
> SPIEGEL: Stop? The industrialized nations of the West want to eliminate hunger and poverty.
> Shikwati: Such intentions have been damaging our continent for the past 40 years. If the industrial nations really want to help the Africans, they should finally terminate this awful aid. The countries that have collected the most development aid are also the ones that are in the worst shape. Despite the billions that have poured in to Africa, the continent remains poor.
https://www.aei.org/carpe-diem/kenyan-economics-expert-devel...