In the United States, long-term changes in the nature of the economy – including advances in technological innovation and automation, declines in the extraction of certain energy resources, increases in globalization, and a shift to the “knowledge-based” economy – have coincided with disproportionately negative employment outcomes in many rural, or “nonmetro,” communities, especially for prime working-age men and those with less than a high school degree. These relatively large, negative employment effects may be due, in part, to differences in the historical industrial composition of nonmetro economies (e.g., a relatively large concentration in manufacturing), as well as the lower levels of educational attainment of their residents. In addition to these historical factors, remote places may face an inherent disadvantage in the modern knowledge economy where the clustering of highly skilled workers and firms in dense areas generate increasing returns.
- Date Posted:
- January 19, 2024
Mark Zuckerberg said the company will have 350,000 NvidiaH100 graphics processing units and overall almost 600,000 H100 compute equivalent GPUs by the end of this year. The H100 is Nvidia’s current top-of-line data center GPU and costs roughly $25,000 per GPU, according to a slide in an earlier company presentation that showed a 16 H100 GPU system costs $400,000. Though, it is unknown at what price Meta can purchase the H100, a quantity of 350,000 at $25,000 per GPU comes to nearly $9 billion.