Investment involves risk, with stock values based on potential rather than current earnings. AI has potential, prompting investors to pour money into what’s seen as the next big trend. The infrastructure is in place, and technology (self-driving cars, electric vehicles, and emerging AI) continues to evolve, for better or worse.
QuietRainyDay on
On a positive note: the biggest long-term benefit of this investment boom *might* be the development and construction of new, innovative power plants
As usual with these bubbles, a lot of the money sunk into data centers and chips will be lost.
But sometimes a bubble carries with it an unforeseen boost in productivity and innovation elsewhere, that ends up being more valuable in the long term. Dot-com era digital pet companies were useless, but the internet protocols, APIs, libraries, and languages they birthed to make themselves go were very useful.
Data centers are at least stirring the conversation around energy infrastructure. Unlike data centers, energy doesnt go out of style and the USA needs *a lot* of work in that area.
Too bad the current administration is stunting the growth of solar and wind, but again- data center energy demand might even push back against that headwind, which would be a positive.
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Investment involves risk, with stock values based on potential rather than current earnings. AI has potential, prompting investors to pour money into what’s seen as the next big trend. The infrastructure is in place, and technology (self-driving cars, electric vehicles, and emerging AI) continues to evolve, for better or worse.
On a positive note: the biggest long-term benefit of this investment boom *might* be the development and construction of new, innovative power plants
As usual with these bubbles, a lot of the money sunk into data centers and chips will be lost.
But sometimes a bubble carries with it an unforeseen boost in productivity and innovation elsewhere, that ends up being more valuable in the long term. Dot-com era digital pet companies were useless, but the internet protocols, APIs, libraries, and languages they birthed to make themselves go were very useful.
Data centers are at least stirring the conversation around energy infrastructure. Unlike data centers, energy doesnt go out of style and the USA needs *a lot* of work in that area.
Too bad the current administration is stunting the growth of solar and wind, but again- data center energy demand might even push back against that headwind, which would be a positive.