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95% of Companies See 'Zero Return' on $30B Generative AI Spend

(thedailyadda.com)
418 points speckx | 1 comments | 21 Aug 25 15:36 UTC | HN request time: 0.207s | source
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GloriousMEEPT ◴[21 Aug 25 16:59 UTC] No.44975167[source]▶
One thing I ponder after remembering previous tech booms, is that they often left behind something extremely valuable (fiber). With all the GPU datacenters rolling out, what next bubble can take advantage of this boon, if it is one?
replies(1): >>44975223 #
eulgro ◴[21 Aug 25 17:03 UTC] No.44975223[source]▶
It will probably all be used to mine bitcoin.
replies(1): >>44975316 #
1. OutOfHere ◴[21 Aug 25 17:09 UTC] No.44975316[source]▶
For many years now, Bitcoin is mined only with custom ASICs, no longer with GPUs.