• JakenVeina@midwest.social
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    29 days ago

    Amazon plans capital expenditure of around $200 billion this year, largely to provide capacity for AI in its AWS datacenters

    Both companies are now investing significantly in forward-deployed engineering to help customers develop AI applications that will generate demand for the capacity being built.

    $200 billion to fulfill demand that doesn’t even exist yet.

    • halcyoncmdr@piefed.social
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      29 days ago

      $200 billion to fulfill demand that doesn’t even exist yet.

      Doesn’t exist yet, and might never exist. Current evidence points towards reduced usage as companies start to realize they’ve been sold a lie, and are having to rehire the devs they fired.