I recall him mentioning it in March, and it wondering if it was just a case that the rate of installation of new compute was rising fast, and so these companies needed a big buffer of GPUs to make sure they had something to install. And so I expected that what we would see is that maybe these buffers of GPUs in warehouses would grow, but the installation rate would grow faster. But now that the numbers are in, it seems like the gap is widening in the opposite direction - warehousing is accelerating faster than the acceleration of installation of GPUs. Every month brings new absurdities.
Ed Zitron called it at least a year ago. He recently released an estimate of how many there are:
As of September, likely about $234bn worth (of the $561.5bn of Nvidia GPUs purchased since 2023) are sitting in warehouses or unpowered data centers.
I recall him mentioning it in March, and it wondering if it was just a case that the rate of installation of new compute was rising fast, and so these companies needed a big buffer of GPUs to make sure they had something to install. And so I expected that what we would see is that maybe these buffers of GPUs in warehouses would grow, but the installation rate would grow faster. But now that the numbers are in, it seems like the gap is widening in the opposite direction - warehousing is accelerating faster than the acceleration of installation of GPUs. Every month brings new absurdities.
Ed needs to be in office or something making a difference. Hes on fucking point at every turn and ive never seen him be wrong.
The people most suited to public governance are never the ones that actually want to do it. And vice versa, unfortunately.
Exactly therein lies the issue with humans.