eicker@lemmy.world to Technology@lemmy.worldEnglish · 8 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-square131linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-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 · 8 days agomessage-square131linkfedilink
minus-squarelntl@lemmy.mllinkfedilinkEnglisharrow-up0·6 days 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-up0·6 days 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-up0·6 days 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.