Comment by diogenescynic

Facebook is already renting out their excess GPU capacity. Nvidia is giving out GPU capacity for investment stakes in startups. OpenAI is trying to get the government to take a 5% stake and needs to make the same amount of revenue within 3 years as Google does now or else they're going to default on their payments to Oracle. It may not be the same as the 'dark fiber' from the Dot-com bubble but it sure seems similar. Especially when this hardware is purchased ahead of delivery and ages so quickly it's not even clear it will be reusable after a few years. It's the scale of the investment in this stuff that is the issue. In 3 years, AI spending is off the charts compared to the railway bubble, Dot-com bubble, Roaring 20s, or really any other bubble. I don't think it's going to end well.