Daniel Priestley
speaker
3,037 appearances
10 recordings
3 series
first heard Jan 2025
last heard 16 Mar
Daniel Priestley’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Mar 2026 with 1.
Appearances
Data centers last three to four years before they need to be replaced.
So we are building something that has a three to four year life cycle that costs hundreds of billions
And it has to be replaced every few years.
And there is no financial model attached to this that justifies it at all.
So one thing that I'm predicting is that in 2029, 100 years after the Great Depression, we will see a massive financial meltdown based off the back of these data centres that are being developed at the moment.
And for someone that doesn't know what a data center is?
So it's like a big Walmart or an airport filled with computers.
And those computers are running AI, right?
So every time you go on AI, you're actually, you know, your request is going off to a big computer in a Walmart-sized building somewhere.
But those GPUs, those computer stacks, those big ginormous computers...
They are like iPhones.
They last about three years before they get superseded.
This year ahead, we're going to spend $650 billion.
$650 billion sounds like so abstract.
It's the equivalent of giving every single person in America an iPhone Pro with AirPods.
But here's the crazy thing.
95% of people who have been given the free iPhone are
are not willing to pay for it.
And the tiny number of people who are willing to pay for it, they're only willing to pay $20 a month, most of them.
So this $20 a month, everyone's getting a free iPhone effectively.
Showing 121–140 of 3,037 · page 7 of 152
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