3 items tagged “economics”
2024
If you own the tracks between San Francisco and Los Angeles, you likely have some kind of monopolistic pricing power, because there can only be so many tracks laid between place A and place B. In the case of GPU data centers, there is much less pricing power. GPU computing is increasingly turning into a commodity, metered per hour. Unlike the CPU cloud, which became an oligopoly, new entrants building dedicated AI clouds continue to flood the market. Without a monopoly or oligopoly, high fixed cost + low marginal cost businesses almost always see prices competed down to marginal cost (e.g., airlines).
2009
We are facing an economic crisis that is within our capacity to solve, and an ecological crisis that we lack the political means to prevent. It's only by failing at the former that we might have a chance at surviving the latter.
US economic data spreadsheets from the Guardian. At the Guardian we’ve just released a bunch of economic data about the US painstakingly collected by Simon Rogers, our top data journalist, as Google Docs spreadsheets. Get your data here.