<![CDATA[Nvidia are going to spend $500 billion on increasing their carbon footprint.]]>Nvidia are going to spend $500 billion on increasing their carbon footprint.

For context, the UN have estimated that it would cost $93 billion per year to end world hunger.

Anyway, hope you're all enjoying the heat wave.

https://www.bbc.co.uk/news/articles/c78gr0jv0mdo

]]>https://forum.fedi.dk/topic/2b7540e6-8a10-4eb7-b92a-b863a4c4ac79/nvidia-are-going-to-spend-500-billion-on-increasing-their-carbon-footprint.RSS for NodeWed, 12 Aug 2026 15:44:04 GMTTue, 11 Aug 2026 06:36:50 GMT60<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 14:10:04 GMT]]>@statsguy

Money never was and is the problem. People are.

]]>https://forum.fedi.dk/post/https://mastodon.social/users/_RyekDarkener_/statuses/117077272467506410https://forum.fedi.dk/post/https://mastodon.social/users/_RyekDarkener_/statuses/117077272467506410Tue, 11 Aug 2026 14:10:04 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 13:41:59 GMT]]>@statsguy please do not be offended: "Nvidia are going" should be 'Nvidia *is*...' a company is singular

"the UN have.." --> 'the UN *has*..'
again, singular (an entity).

]]>https://forum.fedi.dk/post/https://mastodon.social/users/iamnotU/statuses/117077162032603659https://forum.fedi.dk/post/https://mastodon.social/users/iamnotU/statuses/117077162032603659Tue, 11 Aug 2026 13:41:59 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 13:01:22 GMT]]>@statsguy Just yesterday I found by some napkin math that $500B is about 20% of the total cost of solving climate change through building passive radiative cooling panels. We could do it. Nvidia alone could do it twice over. The top 10 companies could completely make this problem disappear in a couple of years by paying something close to their fair tax rate. But they aren't doing any of it.

]]>https://forum.fedi.dk/post/https://mstdn.io/users/chebra/statuses/117077002296730393https://forum.fedi.dk/post/https://mstdn.io/users/chebra/statuses/117077002296730393Tue, 11 Aug 2026 13:01:22 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 11:55:45 GMT]]>@statsguy@mas.to May they all go bankrupt.

]]>https://forum.fedi.dk/post/https://calckeymusic.social/notes/aps64m2lu13845jfhttps://forum.fedi.dk/post/https://calckeymusic.social/notes/aps64m2lu13845jfTue, 11 Aug 2026 11:55:45 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 11:33:19 GMT]]>@statsguy Jensen, buddy - Thanks for nerdsplaining "compute" to everyone but it's not a resource, and you kinda forgot that NO ONE else is making money on this, so eventually neither will you. Compute actually needs huge water and electricity hungry complexes that nobody wants near them and take years to build. Enjoy the race to the bubble popping.

]]>https://forum.fedi.dk/post/https://ravenation.club/users/Metachemical/statuses/117076656119568893https://forum.fedi.dk/post/https://ravenation.club/users/Metachemical/statuses/117076656119568893Tue, 11 Aug 2026 11:33:19 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 11:18:33 GMT]]>@statsguy

They are completely out of control and crazy, they simply don't care if the world goes on fire. They bet everything, including our lifes, on AI.

This is not going to end, because they will loose their bet.

When a man thinks he can become some sort of God, things turn into a disaster usually....

]]>https://forum.fedi.dk/post/https://snowfan.it/users/andre123/statuses/117076598051689719https://forum.fedi.dk/post/https://snowfan.it/users/andre123/statuses/117076598051689719Tue, 11 Aug 2026 11:18:33 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 11:16:44 GMT]]>@thegarbagebird Absolutely. Way too few people realise that

]]>https://forum.fedi.dk/post/https://mas.to/users/statsguy/statuses/117076590873429502https://forum.fedi.dk/post/https://mas.to/users/statsguy/statuses/117076590873429502Tue, 11 Aug 2026 11:16:44 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 11:13:55 GMT]]>@urlyman @david_chisnall @MiaMarkTwo @statsguy Same. Thank you, David @david_chisnall , for sharing your knowledge.

]]>https://forum.fedi.dk/post/https://mas.to/users/flowerpot/statuses/117076579786143182https://forum.fedi.dk/post/https://mas.to/users/flowerpot/statuses/117076579786143182Tue, 11 Aug 2026 11:13:55 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 10:54:11 GMT]]>@statsguy @AdeptVeritatis
This is a regulatory failure, and that is a governmental failure.

]]>https://forum.fedi.dk/post/https://mathstodon.xyz/users/taatm/statuses/117076502242584668https://forum.fedi.dk/post/https://mathstodon.xyz/users/taatm/statuses/117076502242584668Tue, 11 Aug 2026 10:54:11 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 10:42:46 GMT]]>@david_chisnall @MiaMarkTwo @statsguy
Part of the problem is that directors are often rewarded for share price growth (usually with share options issued at the current price, but sometimes explicitly in their contract too). The whole world is obsessed with ’growth’, though there are plenty of profitable steady-state companies we never hear about.

]]>https://forum.fedi.dk/post/https://mastodon.social/users/KimSJ/statuses/117076457349957426https://forum.fedi.dk/post/https://mastodon.social/users/KimSJ/statuses/117076457349957426Tue, 11 Aug 2026 10:42:46 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 10:37:28 GMT]]>@MiaMarkTwo I think the predicament is much deeper than capitalism. For example, https://mastodon.social/@urlyman/117058923656383560 from Olivier Hamant is intriguing.

I return frequently to Prof Tim Garrett’s observation that inequality is inherent in high energy systems.

We can for sure manage inequity and scamming better than we do, but I feel like the scale of non-regenerative throughput (in a debt structure that mandates more throughput) has its own inevitabile dynamics to it

@david_chisnall @wolf480pl @statsguy

]]>https://forum.fedi.dk/post/https://mastodon.social/users/urlyman/statuses/117076436457597119https://forum.fedi.dk/post/https://mastodon.social/users/urlyman/statuses/117076436457597119Tue, 11 Aug 2026 10:37:28 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 10:28:23 GMT]]>@statsguy
I hope Jensen will get a few spontaneus ventilation holes in his stylish leather jacket.

@pikesley

]]>https://forum.fedi.dk/post/https://mastodon.social/users/dzwiedziu/statuses/117076400767033179https://forum.fedi.dk/post/https://mastodon.social/users/dzwiedziu/statuses/117076400767033179Tue, 11 Aug 2026 10:28:23 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 10:21:53 GMT]]>@david_chisnall just to say how much I appreciate that you are here David, and consistently adding depth to the story of compute and to my superficial understanding of it. Thank you

@MiaMarkTwo @statsguy

]]>https://forum.fedi.dk/post/https://mastodon.social/users/urlyman/statuses/117076375204100187https://forum.fedi.dk/post/https://mastodon.social/users/urlyman/statuses/117076375204100187Tue, 11 Aug 2026 10:21:53 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 10:15:33 GMT]]>@david_chisnall
if you're not growing and you're paying dividends, the fund would get dividends... but yeah I agree there's little reason for the comoany to want a fund to invest in it...
@MiaMarkTwo @statsguy

]]>https://forum.fedi.dk/post/https://mstdn.io/users/wolf480pl/statuses/117076350302039319https://forum.fedi.dk/post/https://mstdn.io/users/wolf480pl/statuses/117076350302039319Tue, 11 Aug 2026 10:15:33 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 10:11:43 GMT]]>@wolf480pl @MiaMarkTwo @statsguy

There are already restrictions on what pension companies can invest in, so you wouldn't necessarily need a separate exchange, you could just make that a rule. But let's think about what it would mean:

If you are open to pension investment, you can't issue new shares, which means your only ways of raising capital are from revenue and loans. Revenue raises capital more slowly, so you'd probably take out loans if you wanted to expand. Because loans are non-dilutive, they cost more to service, so a company with the same starting point as you that could issue shares would be able to offer the same goods or services for a lower cost.

But also, if taking pension-fund investment meant that you couldn't issue more shares, why would you ever want to take pension-fund investment? The only people who would make money from a pension fund investing in you are existing shareholders, the company can't raise more money as a result of this investment. So companies would actively avoid that kind of investment.

So I'm not sure that this would solve any problems.

]]>https://forum.fedi.dk/post/https://infosec.exchange/users/david_chisnall/statuses/117076335205971394https://forum.fedi.dk/post/https://infosec.exchange/users/david_chisnall/statuses/117076335205971394Tue, 11 Aug 2026 10:11:43 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 10:09:18 GMT]]>@statsguy

]]>https://forum.fedi.dk/post/https://mastodon.social/users/Karma_J/statuses/117076325725660935https://forum.fedi.dk/post/https://mastodon.social/users/Karma_J/statuses/117076325725660935Tue, 11 Aug 2026 10:09:18 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 10:06:41 GMT]]>@david_chisnall
what if there was a separate stock exchange / index / whatever that is only for companies that do not issue new shares, and pension funds are only allowed to invest in those?
@MiaMarkTwo @statsguy

]]>https://forum.fedi.dk/post/https://mstdn.io/users/wolf480pl/statuses/117076315442295686https://forum.fedi.dk/post/https://mstdn.io/users/wolf480pl/statuses/117076315442295686Tue, 11 Aug 2026 10:06:41 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 10:06:35 GMT]]>@statsguy Man I hate that leather-jacket-wearing meaningless-gestures-throwing hair-fluffed idiot.

]]>https://forum.fedi.dk/post/https://dmv.community/users/phf/statuses/117076315043859801https://forum.fedi.dk/post/https://dmv.community/users/phf/statuses/117076315043859801Tue, 11 Aug 2026 10:06:35 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 10:01:45 GMT]]>@statsguy

Nope, we are all out and about "enjoying" evacuating from the wildfires caused by fossil fuel climate change.

The AI industry is funded by the fossil fuel industry.
https://www.wired.com/story/chevron-williams-driving-data-center-boom/

https://www.wired.com/story/trump-energy-industry-ai-fossil-fuels-pittsburgh-summit/

https://www.desmog.com/2025/12/11/the-koch-network-is-pushing-trump-to-accelerate-ai-documents-show/

https://www.wired.me/story/new-gas-powered-data-centres-could-emit-more-greenhouse-gases-than-entire-nations

https://www.washingtonpost.com/technology/2025/05/13/trump-tech-execs-riyadh/

https://www.bloomberg.com/news/articles/2026-07-28/koch-said-to-weigh-15-billion-sale-of-data-center-player-edged

https://www.bloomberg.com/news/articles/2024-11-06/saudis-plan-100-billion-ai-powerhouse-to-rival-uae-s-tech-hub

https://truthout.org/articles/trumps-epa-wants-to-fast-track-construction-of-gas-plants-data-centers/

https://futurism.com/artificial-intelligence/pollution-ai-data-centers-severe

https://www.nytimes.com/2025/10/27/technology/saudi-arabia-ai-exporter.html

https://thediplomat.com/2026/07/nvidias-silent-ai-colonialism-is-trapping-east-asia-in-a-fossil-fueled-hell/

https://www.bloomberg.com/news/articles/2018-04-06/google-thiel-stand-out-in-saudi-prince-s-silicon-valley-tour

]]>https://forum.fedi.dk/post/https://mstdn.social/users/Npars01/statuses/117076296066668035https://forum.fedi.dk/post/https://mstdn.social/users/Npars01/statuses/117076296066668035Tue, 11 Aug 2026 10:01:45 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 10:00:20 GMT]]>@statsguy

Perversion, that is what looks like…

]]>https://forum.fedi.dk/post/https://mastodon.social/users/xs4me2/statuses/117076290441521990https://forum.fedi.dk/post/https://mastodon.social/users/xs4me2/statuses/117076290441521990Tue, 11 Aug 2026 10:00:20 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 09:50:14 GMT]]>@wolf480pl @david_chisnall @statsguy I agree with both those points. You needn't untag me, I'm interested in what David's saying. I can always mute the conversation if I don't want to hear any more. I appreciate you asking though 😊

]]>https://forum.fedi.dk/post/https://syzito.xyz/ap/users/116470783868321026/statuses/117076250757300782https://forum.fedi.dk/post/https://syzito.xyz/ap/users/116470783868321026/statuses/117076250757300782Tue, 11 Aug 2026 09:50:14 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 09:47:54 GMT]]>@MiaMarkTwo @wolf480pl @statsguy

To be clear: I'm not trying to defend extreme free-market capitalism. I'm trying to explain when regulations that would prevent this kind of thing are really hard to get right.

The market economies of the '50s with strong regulation worked much better than the ones today but you can't simply reintroduce those regulations because (even before they were completely dismantled) people figured out a load of loopholes in them. You need to think adversarially.

And I don't see market economies as being incompatible with socialism. They're the opposite of a centrally-planned economy.

And that's one of the reasons I'm very hesitant about any restrictions on share issuing as compensation. I want companies to pay their workers in shares so that workers own more of (ideally, most of) the company. Imagine, for example, a worker-owned cooperative that gives employees shares for every year they work there, pays excess profits out as dividends, and, when employees leave, requires that they transfer administration of their shares to the company's pension fund, where dividends will be used to service the pension obligations. How would any regulation you consider affect such a company? Personally, I want to have regulations that give companies like this a competitive advantage.

]]>https://forum.fedi.dk/post/https://infosec.exchange/users/david_chisnall/statuses/117076241562841678https://forum.fedi.dk/post/https://infosec.exchange/users/david_chisnall/statuses/117076241562841678Tue, 11 Aug 2026 09:47:54 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 09:47:15 GMT]]>@MiaMarkTwo
I think even if the system is broken, it's worth spending time trying to understand it, and I think
@david_chisnall is doing a good job explaining it here.

Should I untag you if I later want to continue this discussion?

@statsguy

]]>https://forum.fedi.dk/post/https://mstdn.io/users/wolf480pl/statuses/117076239022055340https://forum.fedi.dk/post/https://mstdn.io/users/wolf480pl/statuses/117076239022055340Tue, 11 Aug 2026 09:47:15 GMT<![CDATA[Reply to Nvidia are going to spend $500 billion on increasing their carbon footprint. on Tue, 11 Aug 2026 09:43:17 GMT]]>@david_chisnall @wolf480pl @statsguy OK, you're wasting your time here. Capitalism is the problem, no matter how you try to justify it. If there were any chance of the structural problems being solved by regulation (voluntary or otherwise), then global scandals like the Panama and Paradise papers would have had that effect. Regulators and politicians are so invested in or dependent on the status quo that it's futile to mess around at the margins of this broken system.

]]>https://forum.fedi.dk/post/https://syzito.xyz/ap/users/116470783868321026/statuses/117076223412469539https://forum.fedi.dk/post/https://syzito.xyz/ap/users/116470783868321026/statuses/117076223412469539Tue, 11 Aug 2026 09:43:17 GMT