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by chefandy 609 days ago
Sure, that's not the point of what you said but it's the premise.

> We poured similarly large amounts of resources into hundreds of companies in the dotcom boom, crypto, and so on.

I don't agree with your ostensible implicit assumption that in this iteration of this cycle a) the economic and social costs are not consequential enough to care, (e.g. the social impact of how much easier scamming people is with these extremely capable base models,) b) the costs are comparable to those other things, (e.g. Goldman Sachs says we're looking at a 160% increase in data center energy usage driven by AI) and c) ignoring it will have the same negligible consequences that ignoring those other things did.

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160% increase compared to today? Or to a forecast non-AI energy usage growth in data centers?