Comment on Is there any way the average American can insulate themselves from the AI bubble bursting?
LaLuzDelSol@lemmy.world 1 day agoIt’s also not completely fair, some of that money would have been spent elsewhere without datacenters. Investors still gonna invest.
postcapitalism@lemmy.today 21 hours ago
But what if the net ROI on those data centers is massively below the working average cost of capital… what is stated above is still massively destructive to capital and economic activity
LaLuzDelSol@lemmy.world 8 hours ago
Oh yeah it’s definitely bad in the long run. I’m just saying that it isn’t fair to say that the economy wouldn’t be growing without these new datacenters.