Presumably they're planning on doing in-orbit propellant transfer to reboost the satellites so that they don't have to let their GPUs crash into the ocean...

We all know this is a speculative run-up. We all know it'll end somehow. Crashes always start with something like this. Is this the tipping point? Damned if I know. But it'll come.

We're only probably seeing part of the whole mess though.

The simple evidence for this is that everyone who has invested the same resources in AI has produced roughly the same result. OpenAI, Anthropic, Google, Meta, Deepseek, etc. There's no evidence of a technological moat or a competitive advantage in any of these companies.

The conclusion? AI is a world-changing technology, just like the railroads were, and it is going to soon explode in a huge bubble - just like the railroads did. That doesn't mean AI is going to go away, or that it won't change the world - railroads are still here and they did change the world - but from a venture investment perspective, get ready for a massive downturn.

I've always enjoyed thinking about this. Temperature is a characteristic of matter. There is vanishingly little matter in space. Due to that, one could perhaps say that space, in a way of looking at it, has no temperature. This helps give some insight into what you mention of the difficulties in dealing with heat in space - radiative cooling is all you get.

I once read that, while the image we have in our mind of being ejected out of an airlock from a space station in orbit around Earth results in instant ice-cube, the reality is that, due to our distance from the sun, that situation - ignoring the lack of oxygen etc that would kill you - is such that we would in fact die from heat exhaustion: our bodies would be unable to radiate enough heat vs what we would receive from the sun.

In contrast, were one to experience the same unceremonious orbital defenestration around Mars, the distance from the sun is sufficient that we would die from hypothermia (ceteris paribus, of course).