this post was submitted on 11 Aug 2026
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Together they're on the hook for over a trillion dollars in lease payments, so far, that haven't started yet. They're counting on turning a profit before they need to start paying that back. That's why they're shoving it down our throats, they either make this shit work or they go down in flames.
https://www.reuters.com/business/retail-consumer/ai-data-centre-race-builds-1-trillion-lease-burden-big-tech-2026-08-04/
I'm betting they go down in flames, base on the absolute shit-show "AI" has turned out to be. They keep claiming they have fixed it, or they will fix it, and then it shits the bed again in some public, spectacular way.
For some reason, I find this satisfying and funny. The landscape has been changing. The open-weight models from Chinese labs are getting really good and becoming a serious threat to the closed models from American AI companies.
Interestingly, Google, Meta, and Microsoft — who all have revenue streams outside of AI — recognize the threat are getting more supportive about open-weight models. Anthropic and OpenAI support keeping models closed for "safety" reasons.