Comment by lossolo

Comment by lossolo 2 days ago

28 replies

Everyone were also betting on quantum computing and the hydrogen energy revolution.

My napkin math says that, for a system at around 75°C, you would need about 13,000 square meters of radiators in space to reject 10 MW of heat.

simianwords 2 days ago

why do you think they are betting on it if it so obvious to you that it won't work?

  • madeforhnyo 2 days ago

    Just because some CEOs pour billions into fantasy projects it doesn't mean they're viable. Otherwise we all would be in the metaverse wouldn't we?

    • simianwords 2 days ago

      Sure, I don't claim all of them go well. Do you want to run a hypothetical exercise on how many they get right vs wrong? And based on that we can see if this is a "fantasy" or not?

      • mbesto 2 days ago

        No but you're claiming "if they all are investing X amount then these bets obviously must pan out". If you follow that rationale then it means that all bets that these company's make in the same space must all pan out. So if they don't all pan out then the fact that they're all making bets isn't a sound rationale for it being true.

        As others have pointed out, investors notoriously have FOMO, so rationale actors (CEOs of big tech) naturally are incentivized to make bets and claims that they are betting on things that the market believes to be true regardless if they are so as to appease shareholders.

  • lossolo 2 days ago

    Because it will inflate their stock valuations? It's like with fusion energy or going to Mars etc., constantly X years away and currently economically unfeasible.

    • simianwords 2 days ago

      why do you think their stock will inflate?

      • tokai 2 days ago

        Well it made you invest in them.

      • lossolo 2 days ago

        I'm not sure if you're joking, but "AI datacenter in space" is the kind of phrase that attracts investors, that's straight from Musk's playbook for keeping the stock trading at ridiculous P/Es, especially now that he is planning SpaceX IPO.

  • mbesto 2 days ago

    Kodak made a crypto coin. Where did that end up?

    • simianwords 2 days ago

      > Do you want to run a hypothetical exercise on how many they get right vs wrong? And based on that we can see if this is a "fantasy" or not?