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0 pointsMP_17291y ago0 comments

That's the opposite of what I am saying.

What I am saying is that computers are SO GOOD that AI is getting VERY CHEAP and the amount of computing capex being done is excessive.

It's more like you are in 1999, people are spending $100B in fiber, while a lot of computer scientists are working in compression, multiplexing, etc.

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mrkramer1y ago

>It's more like you are in 1999, people are spending $100B in fiber, while a lot of computer scientists are working in compression, multiplexing, etc.

But nobody knows what's around the corner and what future brings....for example back in day Excite didn't want to buy Google for $1m because they thought that's a lot of money. You need to spend money to make money and yea, you need to spend sometimes a lot of money on "crazy" projects because it can pay off big time.

MP_1729OP1y ago

Was there ever a time when betting that computer scientists would not make better algorithms was a good idea?

jameshart1y ago

Which of those investments are you saying would have been a poor choice in 1999?

MP_1729OP1y ago

All of them, without exception. Just recently, Sprint sold their fiber business for $1 lmfao. Or WorldCom. Or NetRail, Allied Riser, PSINet, FNSI, Firstmark, Carrier 1, UFO Group, Global Access, Aleron Broadband, Verio...

All fiber went bust because despite internet's huge increase in traffic, the amount of packets per fiber increased a handful of magnitudes.

jameshart1y ago

But you’re saying investing in multiplexing and compression was also dumb?

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mrkramer1y ago

>It's more like you are in 1999, people are spending $100B in fiber, while a lot of computer scientists are working in compression, multiplexing, etc.

MP_1729OP1y ago

Was there ever a time when betting that computer scientists would not make better algorithms was a good idea?

jameshart1y ago

Which of those investments are you saying would have been a poor choice in 1999?

MP_1729OP1y ago

All fiber went bust because despite internet's huge increase in traffic, the amount of packets per fiber increased a handful of magnitudes.

jameshart1y ago

But you’re saying investing in multiplexing and compression was also dumb?

1 more reply

j / k navigate · click thread line to collapse