Commenters cite OpenAI's spending commitments as a risk factor
3 Sep 21 9:39 PM · 2d ago · 13 comments · 1 source · development 3 of 3
Participants in the thread pointed to reported OpenAI fundraising and commitment figures through 2030 as evidence of outsized AI infrastructure bets, alongside individual accounts of companies buying hardware to cut AI costs.
“Those will raise roughly 100 billion to 130 billion if they go to plan, while commitments through 2030 ... are 856 billion”
Smooth-Ad8030CNBC Financial news outletOpenAI AI company referenced in spending debates_hecking Reddit commenterTrick-Company-2157 Reddit commenterSerienmorder985 Reddit commenter
The whole story articlespostscomments the bright band is this development · numbered dots are the others · click one to jump
Reported in the same hours no headline names this development itself — these 1 claim were published in its stretch
-
first by CNBC, 1d ago
What people said 24 voices · best of 41 · verbatim
-
The debt to long term maintainence of profitable assets is absolutely unlike anything else. At least with railways etc we could understand the potential and understand roughly what was involved in maintain growth of the capital expenditure. You could see what transportation of goods would do even with the need for occasional huge capital…
-
...sort of. The greatest contributor was a larger interest in the general public investing in stocks using money they didn't have to invest in things they didn't understand (sound familiar?). When an oversaturated American market started to lose value that lead to stock calls, the banks and the private accounts that needed the money to cover those…
-
We are using some other products(our own) to help with caching in order to let the AI do context swaps really quickly, so it might get us there. My actual expectation is that they use the on prem hardware to run predictable AI workloads against, and let humans continue to use paid products with a reduced limit. I don't know if it's enough. My main…
-
We'll yeah, but that's how most things happen. Everything in finance is correlated. Look at the COVID crash. Gold dropped. Bitcoin dropped. Oil dropped. Equities dropped. Homes dropped. It's called a liquidity crisis. Which is why central banks and governments began printing money and devaluing their currencies. And the we had the commodities…
-
I feel like I see this defense a lot, and while it’s true that the profits we see mean the financials don’t mirror the set up of the dot com bubble, no crash mirrors previous crashes. There are many triggers you can have for a crash and we’re set up for several. Surging yields with sky high inflation, oil and fuel prices surging, instability in…
-
Not sure the size of the company or how many tokens the company is currently using but do you think the 10 Million spend on that AI infrastructure will be enough? Starting to look at these types of solutions myself - just haven't done the math .... built a small solution to test but the results were horrendous compared to what the users were…
-
I’m staying out of indexes and buying the stocks that are pushing it up, they’ll still going strong. I think the only thing that will bring the market down will be private equities and banks lending to speculative AI startups, or something else the banks are quietly doing. Maybe the unrealised cost of future infrastructure maintenance etc. I don’t…
-
The speculation in 1929 was beyond reasonable, as was 1999 and 2008. Are we there now? In the narrow segment related to “AI”, most definitely but, the story has not played out yet. The biggest risks that will affect the market are the wars (waiting for NATO to actively begin shooting stuff at Russia or some idiot launches a tactical nuke at…
-
I disagree about AI having an impact if it was turned off tomorrow. My ability to spend money is based off banks. if no one takes over my home loan.. does that mean the debt is forgiven? While that sounds awesome, that will go to basically immediate inflation with a ton of people basically coming into life changing amounts of money.
-
These "analysts" trip over themselves to explain and predict what the market is doing, then contradict themselves as soon as the market changes direction daily. Everyone wants to be viewed like they know what is going on... Predict market up turns or down turns and you'll be right eventually.
-
I get it but people wouldn't miss banks either but they're needed. I'm not a big ai fan but I can see it's value as a tool for enhancements or automation. If ai got turned off tomorrow it would have a significant impact on your life and it wouldn't be because you can't make dumb memes.
-
I would be more worried if all stocks were peaking. Having new lows when the index is new ATH is a good thing because when the tech stocks stop growing money will cycle into the undervalued stocks and the index will stay mostly stable
-
Those will raise roughly 100 billion to 130 billion if they go to plan, while commitments through 2030 (I can’t find the breakdown for some reason, I’ll try a little harder and get back to you) are 856 billion Edit: OpenAI commitments
-
Nope, they would lose market share. Like Nike and lululemon. Creative destruction. The newer, better companies with better products with more growth take over, and we all get to benefit by investing in them. Story as old as time.
-
Fun fact: Nasdaq nearly tripled in one year leading up to the crash. So even if you were a bit late to the party, you likely still didn’t lose all your money in the short term. More likely you still came up ahead after the crash.
-
Also, I think that instability in foreign markets is actually what drove today's surge. If anything US market will keep pumping as most foreigners feel they are hurting more from the surging oil prices than the US.
-
Again this means nothing. The artificial prop of stock market will continue at least while Trump is in office. All these indicators are bullshit. What used to be a death sentence is now a unicorn.
-
the fed ended the every decade or every 7 yr panic. The Great Depression happened because there was no bailouts back then, companies simply went under and mass unemployment happened.
-
Exactly. The next crash isn't going to be a cliff it's just going to be a rocket launch straight up into the stratosphere while the dollar burns to ash underneath it.
-
Still better than 100% US. And you could also go for an emerging markets ETF which exclude America and most of Europe, but still captures high tech Asian economies
-
Interestingly, RSP Equal Weight S&P 500 index has been selling off. I'm not sure what means. I do know that few stocks I own are ripping, and others are down.
-
It is pretty wild to see the S&P near a new high while so many individual stocks are making new lows. That kind of divergence definitely gets my attention.
-
Yo dawg, this FUD has been concentrated on here since last election. I’ve made more in gains the past year that I have in numerous years before. Enjoy.
-
Look at the graph of the PE ratios, there was lots of profits. Then suddenly poof, all the profits vanished. As the other stated, Cisco was on a roll.
All 3 developments of CNBC flags a market warning sign unseen since 1999… →
Hacker NewsNewswiresMastodonRedditGoogle News