独白：亚马逊将数百亿GPU存入仓库

这是iHeart播客，百分之百真人。

This is an iHeart podcast, Guaranteed Human.

我是Melissa Jeltsin，《她怎么了》播客的主持人。

I'm Melissa Jeltsin, host of the What Happened To Her podcast.

这一季我们首先来聊桑德拉·伯奇莫尔的故事，这个案子被警方当成暴风雪中的自杀案草草了结了。

We're kicking off the season with the Sandra Burchmore story, a case the police wrote off as a suicide in a snowstorm.

她的家人一直不信，而他们怀疑的那个人，身上穿着警服。

Her family never bought it and the man they suspected wore a badge.

你永远不知道那个魔鬼是谁，因为他总是伪装着。

You never know who that devil is because he's wearing a disguise.

有时候，伪装就是一身警服。

Sometimes it's a police uniform.

你可以通过iHeart真实犯罪订阅，在Apple Podcasts上独家收听所有节目，完全无广告，仅限iHeart真实犯罪订阅用户。

And you can get access to all episodes 100% ad free with an iHeart true crime plus subscription exclusively on Apple Podcasts, available only to iHeart true crime plus subscribers.

所以别等了。

So don't wait.

去苹果播客，搜索iHeart真实犯罪加，然后今天就订阅吧。

Head to Apple Podcasts, search for iHeart true crime plus, and subscribe today.

你还没听最新的《Roland Martin不设限》播客吗？

Didn't catch the latest Roland Martin unfiltered podcast?

这是你错过的内容。

Here's what you missed.

人们醒来后，天哪。

People wake up and go, oh, damn.

等等。

Wait.

等一下。

Hold up.

他们把这一切都改了？

They changed all of that?

是的。

Yes.

是真的。

It's real.

这是一次全面的攻击。

This is a wholesale attack.

它针对的是每个联邦机构里的黑人。

It is targeting black people in every federal agency.

这很赤裸裸。

It's raw.

白人从来没有让那种清算持续超过十年。

White folks have never allowed that reckoning to last more than a decade.

收听罗兰·马丁在黑人信息网络上的每日评论。

Catch Roland Martin's daily commentary on the Black Information Network.

并在 iHeartRadio 应用、Apple Podcasts 上下载罗兰·马丁无删减版。

And download Roland Martin unfiltered on

以及苹果播客。

the iHeartRadio app, Apple Podcasts

或者任何你能收听播客的地方。

Or wherever you get your podcasts.

打电话给Zone Media。

Call Zone Media.

问候，致敬，大家好。

Greetings, salutations, and hello.

我是Ed Zitron，这是本周的《Better Offline》独白。

I'm Ed Zitron, and this is this week's Better Offline monologue.

《Better Offline》。

Better Offline.

祝贺《Business Insider》的Eugene Kim，他拿到了AI泡沫中最大的独家新闻之一。

Congratulations to Eugene Kim of Business Insider for getting one of the biggest scoops of the AI bubble.

那篇关于亚马逊早期机架接收计划的精彩报道，证实了我的估计，即价值数十亿美元的NVIDIA GPU正被存放在仓库里。

Confirming my estimate that billions of dollars of NVIDIA GPUs were being warehoused in an incredible story about Amazon's early rack receipt program.

据《商业内幕》报道，一些亚马逊云服务数据中心站点有空间放更多机架，但没有足够的电力来启动它们，所以设备只能先存放在中转仓库，直到设施准备就绪。

According to BI, some Amazon Web Services data center sites had room for more racks, but not enough available power to turn them on, leaving the equipment to be staged at intermediary warehouses until the facilities were ready.

报道还说，亚马逊以前不需要为这些机架付钱，直到设备放进数据中心为止。但是，AI数据中心建设热潮的激烈程度让这种协调变得更加困难，亚马逊不得不为稀缺资源争抢，与对手争夺英伟达GPU和其他AI组件的供应。

BI adds that Amazon used to not have to pay for those racks until the gear was put into the data center, but that, and I quote, the intensity of the AI data center building boom has made this type of coordination harder, with Amazon having to compete more for scarce resources as it jockeys with rivals for access to NVIDIA GPUs and other AI components.

对于一家最大的GPU买家之一来说，谈论其多到装不下的产品稀缺，真是很奇怪。

Very strange for one of the largest buyers of GPUs to be talking about scarcity of an object that it has so much of that it can't install all of them.

这背后发生的事似乎是，英伟达以前只在客户真正需要GPU时才收费，现在却强制他们提前收货并付款。

And that's because what appears to be happening is that NVIDIA, who previously did not charge customers until they actually needed these GPUs, is now forcing them to take early receipt and pay them.

尽管这些客户实际上无法使用这些GPU。

Despite the customers in question not actually being able to use said GPUs.

我知道会有人说，这很常见。

Now I know that there are gonna be some people who hear this and say, oh, that's very common.

哦，他们反正都是提前拿货的。

Oh, they get them in advance anyway.

这完全正常。

Oh, that's totally normal.

这并不正常。

It's not normal.

这完全不正常，任何觉得正常的人都是舔狗，我待会儿再说这个。

It's not normal at all and anyone acting that way is a bootlicker as I'll get to later.

因为据我所知，英伟达好像在渠道上压货。

Because from what I can tell it appears that NVIDIA is channel stuffing.

就是公司为了提振收入，把存货硬塞给客户，强行让他们提前收货。

When a company forces inventory onto its customers prematurely as a means of boosting revenues.

通常这种操作会给很大的折扣作为交换，但这次黄仁勋是利用超大規模数据中心运营商的焦虑，反过来拿捏他们。

Usually this is done by offering deep discounts in exchange, but in this case Jensen Huang is using the desperation of hyperscalers against them.

虽然我也是猜测，但我相信他的意思是，如果你不提前买，等你建好数据中心之后，那些GPU就没了，哪怕那是三到六个月甚至一年以后的事。

While I'm guessing, I believe that he's saying that if you don't buy them in advance, the GPUs won't be available when you finish the data center, even if that's three to six to twelve months in the future.

而且我们也不是第一次听到这种事了。

And this is not the first time we've heard stories like this.

几个月前，《华尔街日报》有篇报道，我记得是Robbie Whelan和Catherine Blunt写的，说那些购买了AMD或其他竞争对手GPU的Neo Cloud公司，会被关进所谓的“黄仁勋监狱”——这是所有英伟达粉丝都巴不得脖子上拴着狗链被关进去的地方——但这个词实际上指的是，你要是惹恼了黄仁勋，你就拿不到GPU了。

There was a story in The Wall Street Journal a few months ago from, I think, Robbie Whelan and Catherine Blunt that said that Neo Clouds are the core weaves of the world that bought AMD GPUs or other competing GPUs will be put in something called Jensen Jail, which is where all the NVIDIA fans wish they could be put with a dog collar around their throat, but also refers to this thing of if you piss off Jensen Huang, you don't get your GPUs.

交货和安装之间的差距太大了。

The distance between delivery and installation is so severe.

《商业内幕》发现了一封邮件，里面一位工程师说他们没有清晰的计划来安装这么大一批GPU，而且看不到明确的安装路线；还有一位说亚马逊在可预见的未来每个月都会接收价值30亿美元的GPU。

The Business Insider found an email where an engineer said that they saw no clear forecasted path to install an indeterminately sized order of GPUs, And another saying that Amazon will be taking delivery of $3,000,000,000 worth of GPUs every month for the foreseeable future.

现在有些人会质疑我指控英伟达压货，他们认为超大规模数据中心提前购买是出于规划考虑。

Now some will dispute my accusation of channel stuffing suggesting that hyperscalers are the ones making the early purchases for planning reasons.

但对我来说这完全说不通。

But that that just doesn't make sense to me.

而且“为稀缺资源展开更激烈的竞争”这句话就是破绽。

And the phrase compete more for scarce resources is the tell.

蝙蝠侠，来回答我这个问题吧。

Riddle me this Batman.

如果亚马逊、谷歌、微软和其他很多公司都没有能力接入这些芯片，或者数据中心还没建好，那GPU为什么还会稀缺？

If Amazon, Google, and Microsoft, and many other companies do not have the power to plug in the chips or the data centers aren't being built, why are the GPUs scarce?

是什么让它们变得稀缺？

What's making them scarce?

如果这些公司装不了这些芯片，或者说现在还不需要它们，那除了英伟达自己强加给合作伙伴的条件，还有什么在制造这种稀缺？

If companies cannot install the chips or put another way don't need them yet, what is creating the scarcity other than something that NVIDIA itself is demanding of its partners?

而且说真的，最让我恶心的是，这意味着内存和消费电子产品价格上涨，是黄仁勋推动英伟达客户提前收货GPU造成的假供应链危机。

And by the way, what really fucking turns my stomach about all of this Is that it means that the increased price of RAM and consumer electronics was a result of an artificial supply chain crisis created by Jensen Huang pushing NVIDIA's customers to take early delivery of GPUs.

这意味着他需要提前几个月就大量生产这些玩意儿，结果就是抢购美光、SK海力士和三星的产能。

And that means building all of these bloody things months in advance of when he needed them, which in turn meant buying out capacity from Micron, SK Hynix and Samsung.

还要提前几个月甚至几年买硬盘、买服务器用的各种配件。

And buying hard drives and buying all the things for the servers months, if not years in advance.

这一切都是为了增加英伟达的收入增长。

All to increase revenue growth for NVIDIA.

黄仁勋让所有人的日子都变得更糟，他该为此负责。

Jensen Huang is responsible for making life worse for everyone.

他是个贪得无厌、无趣、没灵魂的男人，做到这些事情，他得卑鄙到一定程度，那是多少钱、多少地位或者他妈的皮夹克都弥补不了的。

He is a greedy, joyless, soulless oath of a man and doing this required him to be a certain kind of low that no money or status or fucking leather jacket can ever fix.

黄仁勋就是个人渣。

Jensen Huang is a piece of shit.

去他妈的黄仁勋。

Fuck Jensen Huang.

去他妈的，所有云服务商的CEO也都一样。

Fuck every hyperscalers CEO too.

这些混蛋把什么都搞贵了，就为了帮黄仁勋那个没负载就不办派对的人，理论上让大家都赚更多钱，但实际就是让黄仁勋赚更多，可能还有内存公司。

These scumbags drove up the price of everything so that they could all help Jensen Huang with his no IT loads refused party and make everyone more money in theory, but really just make Jensen more money and make maybe the RAM companies as well.

我们根本不需要他造这么多GPU。

We did not need him to build all these GPUs.

他就是想卖出去，好把业绩做上去，给那台该死的老实机器抬股价。

He just wanted to sell them to boost earnings for the beaten raise machine.

所有参与提前发货GPU的人，都是他妈的人渣。

Everyone who participated in the early shipments of GPUs is a fucking scumbag.

我知道有人会说，提前拿到货是有正当理由的。

And I know that someone's gonna say, well, there's good reason to get them early.

不，没有。

No, there's not.

真的没有。

There really isn't.

我就提前一个月拿到。

I get a month early.

我就提前一点点拿到。

I get just beforehand.

但如果你明知道这些玩意儿要等三到六个月才能用，那你就去死吧。

But if you know this shit isn't turning on for three to six months, fuck you.

我还想对世上所有为这些公司辩护、觉得对他们感到恶心是反应过度的怪胎们说一句。

And I also wanna say something to all of the freaks out there who are defensive of these companies and think that any emotional disgust towards them is an overreaction.

你就是个可悲的舔狗，一个贱人，一个……

You're a pathetic boot licker and a bitch and a...

你……

Have...

你有农民心态。

You have the mindset of a peasant.

你就想去舔黄仁勋的屁股。

You wanna kiss Jensen Huang's asshole.

你想让黄仁勋当你爸，还想当他女朋友。

You want Jensen Huang to be your father and your boyfriend.

你爱他。

You love him.

你爱资本主义，也爱GPU。

You love capitalism and you love GPUs.

你想跟GPU睡觉。

You wanna fuck one of them.

我知道我说得有点冲。

I know I sound alright.

去你的。

Fuck you.

我受够了。

I'm sick of this.

我受够了为了显得专业，还得对这些公司不带一丝轻蔑。

I'm sick of having to treat these companies without contempt to be professional about it.

现在什么东西都更贵了。

Everything is more expensive now.

因为这些人干的那些事，一切都变得更糟了。

Everything is worse because of what these people did.

而且人们还指望我。

And people expect me.

说实话，大家居然能这么冷静地看待这一切，而不是表现出这种程度的愤怒，真的让我很震惊。

And the fact that people can actually in the round not act with this level of anger genuinely shocks me.

这些决定都有全球性的后果。

These have global consequences.

当然，除非你是个纯粹热爱市场的人。

Unless, of course, you're just someone that loves the market.

你想亲纳斯达克。

You want to kiss the Nasdaq.

你想和纽约证券交易所上床。

You wanna fuck the New York Stock Exchange.

也许你就是那种只看重市场的人。

Maybe you're one of those people in the markets all that matters.

你在我眼里就是可悲。

You're pathetic to me.

你简直不是人。

You're subhuman.

如果你只在乎市场，看不到这对普通人的影响是个问题，那你就是可悲。

If all you care about is the market, you don't see the effect on real people as a problem, you're just pathetic.

这些人做的事情在道德上是令人不齿的。

And what these people have done is morally reprehensible.

何况生成式AI本身的存在已经造成了巨大的损害。

On top of the already vast damage done by the very existence of generative AI.

这个破坏性的、毫无意义的行业，让所有被它碰过的东西都变得更糟，所有这一切只是为了支撑那些最富有、最有权势、而且无聊透顶的混蛋的模糊梦想和过度挥霍，这些人我真是晦气见到。

This destructive, pointless void of an industry has made everything it touches worse, all to prop up the vague dreams and excesses of the wealthiest and most powerful and utterly fucking dull pieces of shit I've ever had the misfortune of witnessing.

因为生成式AI，一切都变得更烦人、更贵、更差劲，连美国国债的价格都受到了影响。

Everything is more annoying, more expensive, and worse on some level because of generative AI down to the price of fucking US treasuries.

所有帮助生成式AI崛起的人都应该知道，他们是在靠让世界变得更糟来赚钱。

And everyone who aided in the ascent of generative AI should know that they have profited off of making the world worse.

正如我这周在这份通讯里写的，我认为出现了一条分歧，它比数据中心本身大得多得多。

As I wrote in this newsletter this week, I believe a divide has emerged that is much much larger than data centers.

每个人都会……

Everyone's gonna...

会有一些问题，人们必须得回答。

There's gonna be some questions people are gonna have to answer.

你对AI有多投入？

How into AI were you?

你对这个行业有多维护？

How defensive of the industry were you?

你有没有对LLM保持正常态度？

Were you normal about LLMs?

你有没有把它们当成有用的软件，用来做一些也许你在编码的事情？

Did you talk about them as useful software that you used for something that perhaps you're encoding?

还是说你对它们表现出一种奇怪的防御性？

Or did you act strangely defensive of them?

你是不是不停地在谈论它们？

Did you constantly talk about them nonstop?

你是不是攻击那些不够兴奋的人？

Did you attack people who weren't sufficiently excited?

如果你真这么做了，那你为什么要这么做？

If you if you did that, why did you do that?

你对AI的财务或技术承诺有多容易上当？

How gullible were you about the financial or technical promises of AI?

你多少次发布了来自Anthropic或OpenAI的年度化运行率？

How many times did you publish an annualized run rate from Anthropica OpenAI?

你的报道有多少次是直接或间接为这些公司的不道德行为辩护的？

How many times did your story directly or by proxy defend these companies doing unethical things?

你多少次对这些财务、社会或社会经济问题一笔带过？

How many times did you hand wave away the financial or social or socioeconomic problems?

你对资本有多维护，对普通人以及普通人的生活又有多不维护？

How defensive were you of capital and how not defensive were you of regular people and the lives of regular people?

因为我个人觉得，帮助这个行业升温在道德上是令人反感的。

Because I personally find it morally objectionable to have helped elevate this industry.

现在我们知道，GPU的预售推高了几乎所有消费电子产品的价格，而这直接源于股市增长和季度收入增长。

And now we know that the presales of GPUs, which ran up the price of basically every consumer electronic, is a direct result of only stock market growth and of only quarterly revenue growth.

我觉得每个参与其中的人都应该为自己感到羞愧。

I think everyone involved should feel fucking ashamed of themselves.

然而现代新闻业却还在继续运转，好像什么都没发生，没问题，把故事打包收工。

And yet still modern journalism keeps chugging along, nothing wrong, no problem, put the story in the bag.

AI好大，AI好厉害。

AI is so big, AI is so huge.

总之，这些问题的答案可能会让我们对接下来几年遇到的人有更深的了解。

In any case, the answers to these questions will likely be quite illuminating about the people we meet in the next few years.

我不知道什么时候会爆发，到时候你会知道的。

I don't know when this explodes, you will know that.

但我知道现在就会了。

But I know it will now.

我坐在这儿看着Kawii的股票又一天血流成河，因为归根结底一切都归结于股票的价值，因为我们并不真正了解那些超大规模型企业的AI收入。

I'm sitting here watching another day of blood on Kawii's stock because everything ultimately comes down to the value of the stocks because it's not like we know the AI revenues of the hyperscalers.

我们并不真正知道实际在运行的GPU有多少。

It's not like we know how many GPUs are actually in operation.

除了Eugene Kim——向他致敬——几乎没有人真正下功夫去搞清楚这些设备是不是被囤积起来了。

It's not like really anyone outside of Eugene Kim, respect Eugene, has really gone to the mat to try and find out whether these things are being warehoused.

但我们现在知道了。

But now we know.

我们知道，几乎所有人的生活都变糟了，只是为了帮NVIDIA。

We know that everyone's life got made worse pretty much just to help NVIDIA.

那些在网上嗷嗷叫、为了NVIDIA每个季度财报而捶胸顿足的狂热粉丝们，我觉得我会很享受第一次财报不顺利的时候。

And the apes and hogs oinking online and beating their chest over every quarterly earnings with NVIDIA, I think I'm gonna enjoy the first one of those that doesn't go well.

不是因为我想让任何人倒霉，而是因为我迫不及待想看到那些舔狗吃瘪的样子。

And not because I wish harm on anyone, but because I can't wait to see the bootlickers eat shit.

我就是烦透了这事。

I'm just fucking sick of it.

可能有人会说我这人太情绪化了。

And people might say I'm overly emotional.

可能有人觉得我太较真了，但我看到的是，成千上亿的人日子过得更糟，就为了帮一小撮卖GPU的自我感觉良好、业绩达标，我觉得这太恶心了。

People might say I'm taking this too seriously, but I take hundreds of billions of people's lives being made worse pretty much to help a coterie of GPU sellers feel better about themselves and beat earnings.

我觉得这太恶心了。

I find that disgusting.

我不会手下留情，也不会假装自己不在乎。

I'm not going to pull my punches, and I'm not going to pretend it doesn't bother me.

如果你不在乎这事，我真不知道你在乎什么，反正肯定不是在乎别人。

And if it doesn't bother you, I'm not sure what you fucking care about, but it's clearly not other people.

接下来这节目就是这个样子，就是这么个调调。

And this is what the show is gonna look and sound like.

所以大家坐稳了。

So buckle up.

会很有趣的。

It's gonna be fun.

即使LLM以某种开源形式幸存下来，我认为今天存在的人工智能行业是靠狂热崇拜和私募股权渠道勉强维持的，注定要破裂，而且它一定会爆炸。

And even if LLM somehow survive in some sort of open source form, I think the AI industry as it exists today is being held together through cultism and private equity access and is rigged to blow and it is going to explode.

之后的世界会不一样，而且会很艰难。

And the world will be different afterwards and it's going to be difficult.

但我认为会更好。

But I think it will be better.

而我们能让它变得更好的方式是，一旦它爆炸了，就要对那些过度捍卫这个行业、选择黄仁勋而不是同胞的人说清楚。

And the way we can all make it better is once it explodes, making it clear to those who overly defended the industry, chose Jensen Huang over their fellow man.

很难再特别认真地对待那些人。

It's gonna be hard to treat those people particularly seriously.

正如你所知，我一直都在非常非常详细地记录。

And as you well know, I've been taking very, very detailed notes.

下周我会回来。

I'll be back next week.

希望大家听得开心。

I hope you've enjoyed listening.

我爱你们。

I love you all.

我是梅丽莎·杰尔钦，What Happened to Her播客的主持人。

I'm Melissa Jeltsin, host of the What Happened to Her podcast.

我们这一季的开篇是桑德拉·伯奇莫尔的故事，一桩被警方认定为暴风雪中自杀的案件。

We're kicking off the season with the Sandra Burchmore story, a case the police wrote off as a suicide in a snowstorm.

她的家人从来不相信这个结论，而他们怀疑的那个人，身上戴着警徽。

Her family never bought it, and the man they suspected wore a badge.

你永远不知道那个魔鬼是谁，因为他伪装着。

You never know who that devil is because he's wearing a disguise.

有时候，伪装就是一身警服。

Sometimes it's a police uniform.

如果你想无广告收听全部剧集，可以通过iHeart True Crime Plus订阅，独家在Apple Podcasts上提供，仅限iHeart True Crime Plus订阅用户。

And you can get access to all episodes a 100% ad free with an iHeart True Crime Plus subscription exclusively on Apple Podcasts, available only to iHeart True Crime Plus subscribers.

所以别再等了。

So don't wait.

赶快去Apple Podcasts，搜索iHeart True Crime Plus，今天就订阅吧。

Head to Apple Podcasts, search for iHeart True Crime Plus, and subscribe today.

错过了最近一期的Roland Martin Unfiltered播客吗？

Didn't catch the latest Roland Martin unfiltered podcast?

这是你错过的内容。

Here's what you missed.

任何一个执法机构都应该配备随身摄像头。

There should not be a single law enforcement agency that does not have body cameras.

这是真的。

It's real.

黑人农民一直在遭受攻击。

Black farmers have been under attack.

这只是他们随便给什么东西贴上DEI标签的最新例子。

This is just the latest example of them just slapping DEI on anything.

这很赤裸裸。

It's raw.

我坐在这儿就想，他们是在把你们当傻子耍。

And I'm sitting here going, they are playing y'all for fools.

收听罗兰·马丁在黑人信息网络上的每日评论。

Catch Roland Martin's daily commentary on the Black Information Network.

并下载罗兰·马丁无滤镜播客，

And download Roland Martin unfiltered

在iHeartRadio应用、苹果播客上，

on the iHeartRadio app, Apple Podcasts,

或者任何你收听播客的地方。

or wherever you get your podcasts.

这是iHeart播客。

This is an iHeart podcast.

保证真人出品。

Guaranteed human.