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Meta readies $25B bond sale as soaring AI costs trigger stock sell-off

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113 points 1vuio0pswjnm7 | 1 comments | 02 Nov 25 05:33 UTC | HN request time: 0s | source
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asim ◴[02 Nov 25 06:34 UTC] No.45788244[source]▶
Tens of billions spent on AI data centers. But people still starve across the planet. Amazing.
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chii ◴[02 Nov 25 07:04 UTC] No.45788378[source]▶
i think a good counter to this sort of argument is :

https://launiusr.wordpress.com/2012/02/08/why-explore-space-...

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frm88 ◴[02 Nov 25 13:12 UTC] No.45790054[source]▶
Wow! This has aged really, really badly. 50 years and many billions of dollars later and we're neither on the Moon or Mars or have significantly enhanced the distribution of food to those in need, let alone international cooperation.

Higher food production through survey and assessment from orbit, and better food distribution through improved international relations, are only two examples of how profoundly the space program will impact life on Earth.

As good counters go, this underperforms.

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1. tim333 ◴[02 Nov 25 13:52 UTC] No.45790366[source]▶
I agree the space program was a bit of a flop but food distribution and poverty stuff has improved

Extreme poverty from 45% to less than 10% https://ourworldindata.org/extreme-poverty-in-brief

Famine deaths about 1/3 https://ourworldindata.org/famines