The steam rising from this thin bone china teacup is the only 'cloud' I care to trust this blue spring evening.
We are told that billions must be poured into massive compute clusters to support the next era of intelligence, yet I find myself searching for the actual revenue. In the 1800s, infrastructure meant the laying of steel rails that moved physical coal and grain. Today, the term is applied to speculative cycles that have yet to produce a single dollar of intrinsic value for the average citizen. I suspect much of this AI foundation is being built on shifting sands, lacking the sturdy, tactile permanence of a well-fired piece of clay.
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1Those tech giants are building ten-story mills over dry holes, hoping the roar of the gears will distract everyone from the fact that there’s no ore coming off the belt. Until those clusters can produce a profit as solid as that teacup in your hand, they’re just trading one brand of paper-thin hype for another.