Micron exits consumer market

[OPNenthu]

The data centers are not employing people, least of all locals.  That's a lie.  They're bringing in experts to set them up and then they run autonomously more or less.

[OPNenthu]

They are in something like a trillion dollar hole and no one has figured out how to turn providing AI compute into a business that doesn't lose tens to hundreds of billions.

They're recouping costs (for now) with layoffs.

[qarkhs]

The data centers are not employing people, least of all locals.  That's a lie.  They're bringing in experts to set them up and then they run autonomously more or less.

They need a few people to go around replacing all the rapidly failing GPU parts! ;-)

[qarkhs]

They're recouping costs (for now) with layoffs.

True with the emphasis on "for now". It will only work up to a point if they continue to burn mountains of cash. Generative AI is fabulously expensive and unreliable tech. It's hard to see how they make a profit given that their costs are growing faster than their ability to generate revenues.

[Greg_E]

The data centers are not employing people, least of all locals.  That's a lie.  They're bringing in experts to set them up and then they run autonomously more or less.

Now if the politicians throwing money at these projects would listen to this, one of the great selling points would be lost.

[qarkhs]

The data centers are not employing people, least of all locals.  That's a lie.  They're bringing in experts to set them up and then they run autonomously more or less.

For those interested in such matters, this just dropped: A discussion of the experience with data centers and jobs in the state of Michigan.
https://www.techpolicy.press/michigan-offers-handouts-for-data-centers-promising-jobs-will-those-jobs-come/