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Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers

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Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers

#641
post #541

Comment from Elon Musk: https://x.com/elonmusk/status/1881923570458304780 They don’t actually have the money

For the curious ones who are not so excited about gifting page views to the fascist:

https://xcancel.com/elonmusk/status/1881923570458304780

Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers

#643
post #599

Earlier quoted context omitted.

This is a money making scheme.

Wealth residistribution scheme. Your tax dollars into their pockets.

As far as I can tell, this will be financed by private money. Can you elaborate?

Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers

#645
post #431

Earlier quoted context omitted.

Softbank historically had been late to buy into the hype, but man do they buy big.

I hope the Japanese government demands seismic isolation for Softbank, otherwise it will be the Japanese citizens who have to foot the bill when this hype hits the ground and shakes hard the Japanese economy :/ Softbank should not be allowed to invest more than ARM Holdings sold at a loss.

Why would Japanese citizens be hit? Is Softbank a publicly backed fund?

Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers

#646
post #589

This is so much money with which we could actually solve problems in the world. maybe even stop wars which break out because of scarcity issues. maybe i am getting to old or to friendly to humans, but it's staggering to me how the priorities are for such things.

Money doesn't fix stuff. You need good will people and good will people don't need that much money.

Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers

#647
post #608

Earlier quoted context omitted.

>wars which break out because of scarcity issues That doesn't seem to be much of a thing these days. If you look at Russia/Ukraine or China/Taiwan there's not much scarcity. It's more bullying dictator wants to control the neighbours issues.

It will be, or, it's slowly happening already. Climate change is triggering water and food shortages, both abroad and on your doorstep (California wildfires), which in turn trigger mass migrations. If a richer and/or more militarily equipped country decides they want another country's resources to survive, we'll see wars erupt everywhere. Then again, it's more of a logistics challenge, and if e.g. California were to…

I was in Egypt a while and there's no talk of them invading Sudan or Ethiopia. A lot of Egypt's economy is overseas aid from the US and similar.

The main military thing going on there - I was in Dahab where there are endless military checkpoints - is Hamas like guys trying to come over and overthrow the fairly moderate Egyptian government and replace it with a hardline Hamas type islamic dictatorship for the glorification of Allah etc. Again it's not about reducing scarcity - more about increasing scarcity in return for political control. Dahab and Cairo are both a few hours drive from Gaza.

Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers

#648
post #615
post #558

Apart from my general queasiness about the whole AGI scaling business and the power concentration that comes with it, these are the exact four people/entities that I would not want to be at the tip of said power concentration.

What do you prefer ? Letting DeepSeek and China lead the AI war ? DeepSeek R1 is a big wake up call https://open.substack.com/pub/transitions/p/deepseek-is-comi...

From what I've read about DeepSeek and its founder, I would very much prefer them, even with China factored in. At least if these particular Four Horsemen are the only alternative.

On a tangential note, those who wish to frame this as the start of the great AI war with China (in which they regrettably may be right), should seriously consider the possibility of coming out on the losing end. China has tremendous industrial momentum, and is not nearly as incapable of leading-edge innovation as some Americans seem to think.

Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers

#649
post #558

Apart from my general queasiness about the whole AGI scaling business and the power concentration that comes with it, these are the exact four people/entities that I would not want to be at the tip of said power concentration.

That sentiment calls for reflection - whoever ends up on top of the heap after the AI craze settles down is going to be someone that everyone objects to. Elon Musk was himself an internet darling up until he became wealthy and entrenched.

That said, this does look like dreadful policy at the first headline. There is a lot of money going in to AI, adding more money from the US taxpayer is gratuitous. Although in the spirit of mixing praise and condemnation, if this is the worst policy out of Trump Admin II then it'll be the best US administration seen in my lifetime. Generally the low points are much lower.

Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers

#650
post #608
post #589

This is so much money with which we could actually solve problems in the world. maybe even stop wars which break out because of scarcity issues. maybe i am getting to old or to friendly to humans, but it's staggering to me how the priorities are for such things.

>wars which break out because of scarcity issues That doesn't seem to be much of a thing these days. If you look at Russia/Ukraine or China/Taiwan there's not much scarcity. It's more bullying dictator wants to control the neighbours issues.

There's a terrifying amount of food insecurity and poverty in Russia - https://www.globalhungerindex.org/russia.html - https://databankfiles.worldbank.org/public/ddpext_download/p...
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