All Forum Posts by: Carlos Ptriawan

Globally what we are witnessing is Industrial Revolution 5.0 ; similar to like when electricity was invented. It's not about the job that's being replaced but they would need an enhanced type of new workforce (which could be similar). But if one sees it from the larger ecosystem for example, let's say Tesla , created demand for nickel in the nickel-producing country to build the battery. The battery supplier itself could be coming from US and China or Japan. Then they need massive R&D (either in Fremont, Austin or Bangalore doesn't matter), they also need fabrication, and then they buy more GPU to simulate FSD. In each process, it creates new jobs globally. What always happens is that, all these tech-related companies is always over-hiring than what they need and after some time, there's layoff, the rate hike is just a precursor. But it's very common too see that folks that's got laid off is rehired again in the same company or their competitor. 

At the end it's also accelerating the development of new city that's being asked in this thread, it's just the process is not too obvious.

AI indirectly caused the layoff. Recent Microsoft layoffs occurred in data centre operation business. The same with Amazon. I think two trends converge simultaneously here, first is the interest rate hike (due to covid) and open AI announcement in 2022 ; both events are just accelerating the inevitable. However, the layoff occurred not directly because of AI, but because companies wanted to move to AI so they abandoned their older technology. Laying off older engineers and investing in AI. It's not AI replacing people per se. It's still "company speculation" to invest in the AI era. Most tech layoffs in 2022-2022 is impacting older folks actually ( > 50 y.o.) so to speak. But I would not surprised if the heaviest use of AI would be outside the US, specifically, it could be in the Middle East as they try to build the new city. The US still lot of politics or regulations that may delay the use of AI but next 20 years the AI used to build anything smart from ground zero could be massive.

At the end, AI would create more jobs, especially for GenZ, and most likely outside US.

Yes it's expected DC electric consumption would double to 1000 TWH in 2026. Some of the most highest-use DC is located in Virginia, Milwaukee, Alabama, Illinois, Pennsylvania, Utah, and Mississippi. Our data center is located in Oregon actually.  Most AI data modelers mostly use cloud-based data centers like mentioned above. They dont use Nvidia GPU directly. So when someone is doing something with GPT it just literally utilizes bandwidth in Virginia-located Amazon DC (and increases the power utililization).  What's interesting is that, Data Center is part of real estate as well, and it's one of the subsectors of real estate that wasn't impacted by interest rate hikes, meaning the DC demand is just so exponential that it's not limited by rate hike or power consumption. As of this phenomenan. Due to that rising demand it causes increasing rent to in the area ( for example in Loudoun County Virginia. I read the electricity cost in this area is 10% cheaper than national average. Also, a colder climate is better for DC.

So from this aspect we can see something that's not too obvious, while the job and population is moving to the south, data center or internet data is actually moving to the north lol

this is what privy/propstream does but you can just simply use redfin

that's good opportunity, why dont you make offer right away ?

oh i love buying from druglord , and the neighborhood would like you too.

 I can see in future we would see more job like "AI Specialist" also this AI thing would create a branch technology already. For example the AI that would be used for chatbot is essentially very different than AI for meds.

In our sector it creates a gap also, like Storage/Server that can handle GPU and traditional datacenter that only handle non GPU stuffs. Some company moving to infiniband as it's that's used by the GPU while other is pushing for ethernet.....

In reality, actually, the one that really making Nvidia very rich is the fight between elephant to replace Google. 
It's competition between AWS,Azure,Google Compute in Cloud hahahaha, so when elephant is fighting, the one that makes money is the supplier of the weapon (in this case the nvidia lol). 

AI is pretty much wealth transfer from data center/data modeler company to nvidia

 If you want to know the next market seriously go deep into Redfin's data.

 haha , the answer is different, same question being asked in twitter or biggerpockets.

BP army seriously needs to invade Twitter-land to convince people that residential real estate in Ohio is worth more than gold silver ;-) all these genZ just wanna do crypto

what i am trying to emphasize is due to how biggerpocket is structured, it creates so many newbie because the technology that's used by biggerpocket is so 1992. it's just simple forum, people ask question and then people would answer.

in 2024 , the journey should be more like finding a better answer interactively, summarization and contextualization. so if someone ask "hey shall i invest for cash flow or appreciations ?" a menu/prompt can say "hey that question has been asked 93,321 times, how about if you read the answer here , here and here : if you still confuse, try to ask more question , but please add more context and your particular situation", then between BP and posters there're more interactions. Or this bot can ask "do you mean cash flow in cleveland" ? yes....and then BP can show the actual data or external URL whether it's possible to cashflowing in cleveland or not ,

 some support job or programming job really going to "commoditization" mode. One of the reason is becoz first
(a) everyone job including CEO is actually replaceable by someone in thailand or Dominican republic or AI.
(b) to do business in Californa is just too expensive, remote works shows that company can do the same without office
(c) most jobs are shifting to the cloud anyway

the last recent layoffs of microsoft hit into data center support guy while microsoft is donating their cash to nvidia (aka buying off their gpu lol)