@abcampbell
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A potential competitor to the Panama CanalView quoted post on X
Russia has effectively abandoned attempts to replace the dollar with China’s yuan under the pressure of US secondary sanctions, underlining the difficulties facing other nations looking for an alternative global currency bloomberg.com/news/articles/…View quoted post on X
"A 100MW datacenter in China now costs under $300M to build, excluding IT equipment, about a fifth of the US cost. China's build cost has fallen about 25% since 2021."View quoted post on X
This is the common AI experience I hear from non-tech, small biz CEOs. They're paying for AI for many/all of their white collar workers. They can describe a few tasks where AI blows them away and the benefits are substantive. When asked whether AI can do a full job rather than a specific task, they say 'it's not there yet.' They haven't laid off workers but some haven't backfilled a position in a division like finance. They're optimistic about the future value of AI to their businesses.View quoted post on X
The big question I leave with is whether:
1) AI can already perform entire jobs, but management and employees at most companies haven't figured out how to maximize its use.
2) Today's models aren't very capable of performing entire jobs at most companies, but future models will be.
3) AI has a more fundamental limitation in that it can automate individual tasks but has limited ability to replace most jobs.
