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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: 0.199s | 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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CamperBob2 ◴[02 Nov 25 06:57 UTC] No.45788351[source]▶
And there you are with your fancy computer! Sell it and feed the poor.
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steve_adams_86 ◴[02 Nov 25 07:04 UTC] No.45788382[source]▶
Their fancy computer's value is a mote compared to the billions of dollars being poured into AI software and infrastructure. It's a dead horse that shouldn't be beaten anymore. Individual choices are so insignificant as to be effectively meaningless in contexts like this.
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1. CamperBob2 ◴[02 Nov 25 18:16 UTC] No.45792235[source]▶
Their fancy computer is the tip of a trillion-dollar spear, forged by our precursors who were trying to invent new and innovative ways to blow up half the world while keeping that half from blowing our half up.

There are no clean hands here. Any attempt to claim the moral high ground by dictating how other people should spend their money (or their machine cycles) will meet with the usual degree of success.