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There Are Signs of Serious Trouble in the Data Center Industry: "People aren’t just dropping their shorts for data centers anymore." (futurism.com)
submitted 3 days ago by to c/technology@lemmy.world
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[–] 9 points 3 days ago (1 child)

So, many are getting blocked and the AI bubble is going to pop in the next few years. Right now, this is where we stand. Notice, most are getting built where there is a lack of cool weather and water. Many states are starting to fight them because of this.

https://www.electricchoice.com/datacenters/

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  • [–] 2 points 1 day ago

    Honestly, I am confused by the rushed build out. If I was wealthy, I would be trying to ensure that my wealth isn't being burned away for nothing. Having properly placed and authorized data centers would help protect my investment.

    The Dotcom bubble and the 2008 housing crisis are still in living memory. Are the wealthy just that unaware - or worse, uncaring - about how things could play out? 🤨

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