Companies involved in large infrastructure build-outs are notoriously safe investments and never, ever, EVER end up with mountains of unservicable debt and a huge surplus of worthless, underutilized infrastructure that doesn’t fulfill any of its promises that inevitably gets sold off for fractions of a penny on the dollar. Except literally almost every fucking large infrastructure build-out anywhere in the world in all of human history.
It doesn’t matter what infrastructure or investments you look at: highways, train tracks, communications, real estate, skyscrapers, power generation, power transmission, oil extraction there are countless examples of greed-blinded companies JUST LIKE HIS doing EXACTLY THE SAME THING and eventually getting absolutely destroyed over it. The larger the infrastructure investment is, the worse it gets. There are only a handful of well-known success stories (which are well known because they are notable, not because they are common), and enough failures to pave a road to the moon and back.
Those who do not learn from history are doomed to repeat it, and I’m pretty sure Jensen Huang was too busy shopping for new leather jackets during history class to be paying any attention.
Companies involved in large infrastructure build-outs are notoriously safe investments and never, ever, EVER end up with mountains of unservicable debt and a huge surplus of worthless, underutilized infrastructure that doesn’t fulfill any of its promises that inevitably gets sold off for fractions of a penny on the dollar. Except literally almost every fucking large infrastructure build-out anywhere in the world in all of human history.
It doesn’t matter what infrastructure or investments you look at: highways, train tracks, communications, real estate, skyscrapers, power generation, power transmission, oil extraction there are countless examples of greed-blinded companies JUST LIKE HIS doing EXACTLY THE SAME THING and eventually getting absolutely destroyed over it. The larger the infrastructure investment is, the worse it gets. There are only a handful of well-known success stories (which are well known because they are notable, not because they are common), and enough failures to pave a road to the moon and back.
Those who do not learn from history are doomed to repeat it, and I’m pretty sure Jensen Huang was too busy shopping for new leather jackets during history class to be paying any attention.