Where is the massive investment in AI going?

[Anonymous]

Anonymous wrote:A friend builds data centers and says there is a job shortage of 120,000+ to manage and operate centers in the U.S. alone. The jobs are primarily QC/maintenance/repair oriented, and it all sounds very Matrix to me -- humans serving the machines. But apparently there is a lot of opportunity there.

These are all low paid jobs offshored.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It’s mostly hype.

Tell that to people who have lost their job to it.

Where? Most of the companies firing over hired during covid. They were even hiring people to avoid them going to a competitor. It’s true there has been job loss due to AI but it’s mostly an excuse. Just like RTO is an excuse to lay off.

Most of the job loss that is directly attributable to AI is not because of job replacement, but from companies trying to cut costs with layoffs to cover their capex in AI hardware (Microsoft, Meta, etc).

The problem is all this capex hasn’t paid off and companies are deep in the red except for shovel sellers like Nvidia. But nearly all of NVDA’s revenue comes from large software companies buying their chips so when the music stops it’s all going to collapse.

https://www.wheresyoured.at/the-haters-gui/

[Anonymous]

Maybe check out jobs related to energy generation for the A.I.

Didn't Google or Microsoft buy 3 Mile Island to reopen the melted down reactor or something, to use for it's A.I., or are they building a new nuclear plant?

[Anonymous]

Anonymous wrote:

Anonymous wrote:A friend builds data centers and says there is a job shortage of 120,000+ to manage and operate centers in the U.S. alone. The jobs are primarily QC/maintenance/repair oriented, and it all sounds very Matrix to me -- humans serving the machines. But apparently there is a lot of opportunity there.

These are all low paid jobs offshored.

+1 and all the work quickly devolves into a morass of bugs and unfulfilled requirements because it's a bunch of doers and no thinkers. If it's customer service or easy coding they don't care but it's going to bite them so hard in a few quarters.

[Anonymous]

the investment is going into services and compute. not to people.

[Anonymous]

Its mostly hype that is going into DataCenters and Infrastructure and then trying to find people to tell companies how to use AI.

Most companies data is not clean enough or consolidated enough for AI to be used in the most meaningful way. So for now it will be lots of hype, with mostly chatbots in support/HR, and in reporting.

The people losses companies are just using AI as cover so they don't have to hear squawking and pay severance.

[Anonymous]

Anonymous wrote:the investment is going into services and compute. not to people.

This..this is the answer.

[Anonymous]

Most of the money is going into electricity generation and fossil fuels.

[Anonymous]

There is massive money going into AI because the investors (ironically us) hope that it will help us massively cut operating costs. Which stock owner wouldn't be happy if the company behind the stock is able to slash it's staff by a massive number and still achieve the same or more output. That's good for the stock price. We (stock owners index investors) are the ones salivating over this possibility.

[Anonymous]

Anonymous wrote:Maybe check out jobs related to energy generation for the A.I.

Didn't Google or Microsoft buy 3 Mile Island to reopen the melted down reactor or something, to use for it's A.I., or are they building a new nuclear plant?

No it was a partnership with a utility to reopen the closed unit 1 at Three Mike Island. Unit 2 had the meltdown.

[Anonymous]

Anonymous wrote:

Anonymous wrote:A friend builds data centers and says there is a job shortage of 120,000+ to manage and operate centers in the U.S. alone. The jobs are primarily QC/maintenance/repair oriented, and it all sounds very Matrix to me -- humans serving the machines. But apparently there is a lot of opportunity there.

No, that's not right.

Data centers, whether for AI or bitcoin mining, create a handful of construction jobs, but virtually no maintenance jobs.

Maintenance like building maintenance, AC maintenance, electricians, floor moppers, etc.

[Anonymous]

Anonymous wrote:

Anonymous wrote:A friend builds data centers and says there is a job shortage of 120,000+ to manage and operate centers in the U.S. alone. The jobs are primarily QC/maintenance/repair oriented, and it all sounds very Matrix to me -- humans serving the machines. But apparently there is a lot of opportunity there.

No, that's not right.

Data centers, whether for AI or bitcoin mining, create a handful of construction jobs, but virtually no maintenance jobs.

Hmm. All facilities require maintenance. Someone has to keep the data centers operative. Data centers is the big boom area for AI for the everyday unskilled people.

Then you have people who are becoming skilled in advising on how to use AI. People think it's just a question of asking the AI anything and you get what you need. It's not like that at all. You need people who know how to ask AI the right questions and set up the frameworks for getting the answer you need and then performing the QA on the responses to make sure it's not erroneous.

Then you have the AI engineers.

There are winners and losers.

[Anonymous]

Nvidia and, by extension, TSMC.

[Anonymous]

Look at adjacent businesses to get involved in that support all of these datacenter builds.

I work as an engineer that manufactures the power distribution equipment used in datacenters. To say that we are busy is an understatement.

[Anonymous]

India.