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Wall Street is growing skeptical of the data center boom

72 points · 87 comments · mikhael

  1. Apes · · focus · HN ↗
    I'll believe it the day SpaceX - the AI company that is mostly making money selling datacenter compute using gas turbines for energy - takes a single day 90% or greater drop in stock price.
    1. Dependance · · focus · HN ↗
      Be careful what you wish for. The repercussions might be titanical.
      1. Apes · · focus · HN ↗
        We're already seeing repercussions from an economy that has been retooled not to actually produce anything of value, but to produce more air to fill up the largest economic bubble in the history of the world.

        National debt through the roof, inflation through the roof, PHD and research programs gutted, non-ai startups dead and unfunded for the last 4 years. These are just a few things that have been sacrificed on the altar of this bubble - there's far more I haven't recounted.

        We're already in a widespread long term economic collapse, but the delusion just hasn't broken yet.

        1. hdhdjdif · · focus · HN ↗

          [dead]

        2. 10xDev · · focus · HN ↗
          You are in the warmup phase for one of the greatest take offs in human history. Enjoy the ride.
          1. eli_gottlieb · · focus · HN ↗
            Oh, so our jobs and financial well-being are the rocket fuel being burnt, then?
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