There’s a minimum level of energy consumption (and thus heat) that has to be produced by computation, just because of physics. However, modern computers generate billions of times more heat than this minimum level.
The minimum amount of energy needed to compute decreased asymptotically to 0 as the temperature of space goes to 0. This is the reason a common sci-fi trope where advanced civilizations hibernate for extremely long times so that they can do more computation with available energy.
In the book Calculating God, a character notes that this is a common civilization-wide choice. Living in virtual reality, rather than trying to expand into the vast expanses of space, is a common trope as much as it's a logical choice. It neatly explains the Fermi Paradox. In some fiction, like The Matrix, the choice might be forced due to cultural shifts, but the outcome is the same. A relatively sterile low-energy state civilization doing pure processing.
True. But it's not a binary choice. All it takes is to make one sub-optmial choice for the universe to be filled up with von-neuman probes in all star systems
The problem with that is usually efficiency. Electrochemical or thermal production of methane from CO2 and H2O is not very efficient, and then you're burning it, which is only heat engine efficiency.
Batteries or direct mechanical storage (compressed gas, pumped hydro, etc.) are both a lot more efficient.
This would make sense if solar gets so cheap that it's something to do with the surplus, and it would be a way to electrify things like long haul aviation where batteries are too heavy. We are flying LNG rockets, so LNG planes are totally possible, or you could upgrade methane to butane or propane which are quite easy to compress to liquid form. Jet engines run great on light weight fuels like that.
The way the regulator regulates capital returns incentivises overspending on lavish infrastructure works as a way to return more profits back to the shareholders.
It's a common claim on HN that when a regulator caps profit margins, that incentivizes the entity to make-work to increase absolute revenue and thus profits. But capital markets, i.e. investors, only care about marginal returns. Unless your profit margin cap is really high relative to average returns in the global market, there's no market pressure to do this, AFAICT. Capital projects require investment, but what investors have so much money burning holes in their pockets that they're eager to invest at marginal rates lower than what they could invest elsewhere?
The only financial incentive for this would have to come internally from the company, say from executives whose compensation would increase merely by dint of larger absolute revenues. For regulated entities maybe that's plausible? But typically executive compensation is usually tied to margins and given in stock.
I only just came to this realization when reading about the effect of tariffs and a description of why they drive up prices much more than you think. If the import price on a widget is $100, a 10% tariff drives it up to $110. If the next purchaser in the supply chain was originally paying $X, you might think they would just pay $X + $10, and on down the chain, so that retail prices only rise by $10. But that's not how it works. If the importer was adding 20% (not atypical), they're going to need to sell the widget at $120 + $10 + ($10 * 20%), so $132.00. The next purchaser will need to do the same, but on their purchase price. Whereas before they were selling at $120 + ($120 * 0.20) = 144.00, now they need to sell at $132 + ($132 * 0.20) = $158.40, an $18 jump, not $10. It compounds on down the chain. Why? Your investors are expecting you to add a Y% margin. The reality is a little more complex, of course. Maybe a supplier can get by with a smaller profit margin, but the floor is going to be their cost of capital for buying supply, which may be least 5-10%.
> West-- as usual-- is pursuing quarterly profits and forgetting to look up.
The companies building out vast data centers for AI aren’t looking to make profits for several years (if ever), and are catching a lot of flak for it. The shareholders who seem to be focused on short-term profits and punish them every time they get cold feet. Oracle is a prime example of this.
I don’t know if the markets in Asia work differently, or if the investors there are just as fickle.
And they should be catching a lot of flak for it because it's not really long term strategic planning, it's overhyping a technology and running roughshod over society promoting misuses and AI slops.
Although I'm the first to agree with this, it is actually commendable in the sense that it breaks with the quarterly profits approach.
Like meta with the metaverse thing, I hate it with a passion, but pouring billions yearly with little return just to support your vision is at least a break with tradition...
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