I don’t believe this will cause the collapse in the economy (short to mid term) that you are expecting, where I am defining “this” as a federal funds rate that is politically driven and lower than what Chair Powell would have otherwise set. On the contrary, I think it will largely benefit the kinds of affluent asset holders that comprise the top say 5% of the country, which probably accounts for most members of congress and the senate. I think those people will look around them and think this is ugly but otherwise fine. The inflation that follows will be painful to the rest of the country and, with any luck, an opposition party will be able to create a political narrative out of some solution to that pain.
This is false - the way these data centers are financed and built is a direct result of the financial and legal systems established and enforced by our government. I do not say this to argue for more or less construction, but to point out that it is as much a creation of our society as the NHS is of the UK.
Nonetheless, we did not vote directly for or against any particular data-center. They don't go up for a vote that way. It would take forever and nothing would get built if you gave voters a possible veto on literally every single thing.
I have a hard time seeing the truth of your statement. If I think about where Google's largest data centers are located in America, they are all on former industrial sites that had access to large amounts of power and water, like the old Gatorade factory in Oklahoma. While you can argue I guess that this choice, like everything else, was the product of all choices made by society prior, I am not seeing a direct connection between financial and legal incentives and the siting of those data centers.
Not sure it will replace them, but a tool that allows folks to have a better understanding of the legal system and how to navigate it will certainly impact the existing power systems (of which lawyers are a part).
That sounds just like the argument used to replace programmers and we see what kind of hell that's causing.f
Which is not to say you're wrong, but maybe we should look at ways of making the transition better, easier and less stressful. Perhaps actually giving people a choice, rather than having technocrats ram it down our throats.
I think that choice is already happening in a way that is as natural as we're going to get. I found the recent legal business with Perez Hilton kind of interesting. Take this passage from this story https://www.cjr.org/feature/perez-hilton-og-original-news-in...:
> Still, there was a problem. Hilton’s insurance would not foot the bill for a lawyer to defend against a subpoena. He would have to cover his legal costs out of pocket. Instead of finding an attorney, he did two things legal experts always advise against: he decided to represent himself and to use ChatGPT to help draft his legal briefs. At first, this did not go smoothly. An early filing written by ChatGPT, which Hilton nicknamed Dad, invented several legal references. “There’s this phenomenon called ghost law,” Hilton said. “They make up citations, they make up anything.” After a set of embarrassing errors was called out on social media, Hilton started double- and triple-checking every citation, and asked ChatGPT to review its own output. The process went more smoothly from there—so much so that Hilton came to see AI as a great legal leveler. “Now that I know that I can so effectively use ChatGPT, I’m not going to be paying a lawyer unless it’s absolutely necessary,” he told me.
The (imperfect) tools gave him the ability to keep his case alive, and he was eventually taken up by the ACLU. While Hilton is far from a sympathetic underdog, the levelling effect is pretty compelling.
They are partnering with Delphi Interactive, which I hadn't heard of, though they are some partner with IO on the new 007 game.
> Delphi builds AAA games based on the most desirable IP franchises in the world. Delphi has pioneered a proven model to de-risk titles, reduce development costs, and create unprecedented alignment between IP owners, creatives, and developers.
I assume they are some kind of broker between IP and dev studios, though the PR implies they are developing it. The corporate slop tagline isn't encouraging but we'll see.
Nowadays, the shareholders just talk to each other in these press releases, knowing the customer can't do squat about it. You'll get de-risked, unprecedented alignment and you'll like it too!
It does feel like the customers are just the people whose pockets will be picked out of. Do marketing, people pay, they get nothing that was promised, plenty of complaints, company sends standard "We apologize if your expectations were not met, but get fucked.", profit!
And then people will still pay them because they have a monopoly. E.g. with Office^W Copilot 365, Windows, Facebook, etc.
> Delphi has pioneered a proven model to de-risk titles, reduce development costs, and create unprecedented alignment between IP owners, creatives, and developers.
Their model is already proven before they've delivered a single title, what a time to be alive.
I don't know about other HN readers but some of us wake up in the morning and can't wait to create unprecedented alignment between IP owners, creatives, and developers.
Predictable cash flows are good for more-or-less everyone. Luckily Apple has a massive cash reserve and can easily take the short term hit. I suppose you can take advantage of that knowledge and buy when the reactionary investors sell on, perhaps, lower revenues if and when the time comes.
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