Capex to increase. Expect sweeping layoffs ?
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Here is an interesting article about Stargate:
https://lionessofjudah.substack.com/p/edward-dowd-stargate-a-500-billion
Brought to you by the backer who seemed to think WeWork was a genius idea.
Yes more layoffs as selling is getting tough and customers not buying in huge quantities either. Groups are scrambling to keep their teams busy.
Artificial Intelligence leads to artificial jobs.
nah, it's a bubble, there is no significant data left to train on even if they somehow brute force through current computation limit with this 500billion investment.
it's either sensory data flood which is decades away and of questionable quality to do the next emergence effect, or they are fully banking on synthetic data generated by LLM which will like quickly degenerate and won't produce emergence.
on the contrary, more dev groups for "AI" will be created (our CX Fusion department already did), until boomers lose faith.