eicker@lemmy.world to Technology@lemmy.worldEnglish · 2 days agoThere Are Signs of Serious Trouble in the Data Center Industry: "People aren’t just dropping their shorts for data centers anymore."futurism.comexternal-linkmessage-square141fedilinkarrow-up137
arrow-up137external-linkThere Are Signs of Serious Trouble in the Data Center Industry: "People aren’t just dropping their shorts for data centers anymore."futurism.comeicker@lemmy.world to Technology@lemmy.worldEnglish · 2 days agomessage-square141fedilink
minus-squarelntl@lemmy.mllinkfedilinkEnglisharrow-up7·13 hours agoThese companies are “too big to fail.” Just like last time, when the bottom drops out on these bad investments the debt will be socialized.
minus-squarecantstopthesignal@sh.itjust.workslinkfedilinkEnglisharrow-up5·edit-212 hours agoMy theory is they want the democrats to win so they can come hat in hand to congress and ask for bailouts for this totally not essential and speculative industry.
minus-squareAmbiguousCabbage@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·8 hours agoI’m not quite following, why would the Democrats winning make it easier for the AI companies to ask for bailouts? Genuine question.
These companies are “too big to fail.” Just like last time, when the bottom drops out on these bad investments the debt will be socialized.
My theory is they want the democrats to win so they can come hat in hand to congress and ask for bailouts for this totally not essential and speculative industry.
I’m not quite following, why would the Democrats winning make it easier for the AI companies to ask for bailouts? Genuine question.