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what will happen to all the datacenters when the bubble bursts? (lemmy.world)
submitted 5 months ago by to c/asklemmy@lemmy.world
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More and more mainstream analysts are identifying the coming AI crash, which is a good indication that it will happen soon.

So, what happens to all the data centers? They are already built but probably very expensive to maintain. Will many of them just be abandoned? Bought up by cloud computing companies? Scammers? Crypto miners? Can they be parted out and sold off piecemeal?

Will they be put to some productive use, or just become massive e-waste sites left to the locals to deal with?

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[–] 13 points 5 months ago (14 children)

mainstream analysts are identifying the coming AI crash

If so many people /experts are expecting a crash, the crash chances will be more and more included in the price. So far, I don't see that at all.

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  • [–] 8 points 5 months ago (7 children)

    They tried to make pension funds into bag holders before those IPOs got blocked. I think the desperation surrounding getting those stocks added in 5 days should be a better indication than price.

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  • [+] 3 points 5 months ago (6 children)
    [deleted]
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  • [–] 7 points 5 months ago* (5 children)

    They decided not to change their rules to allow these unhealthy stocks in. They have to do the full process instead of skipping the line to make pensioners into bag holders as opposed to Altman and friends.

    They're not blocked but they're never going to be healthy enough to be added before they implode.

    If I smother OpenAI to death by denying them oxygen for 5 minutes did I "block" the entry of air into their lungs, or did they just not breathe for 5 minutes?

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  • [–] 3 points 5 months ago (4 children)

    The new pan is to just push to retail using hype and social media manipulation.

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  • [–] 2 points 5 months ago (3 children)

    Well at least that'll only wipe out half of my pension instead of all of it

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  • [–] 1 point 5 months ago (2 children)

    As soon as they can be force listed on every index the will take the rest!

    I think they will leverage what money they raise via stocks sales to continue the buildout of the mainframe surveillance state.

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  • [–] 1 point 5 months ago (1 child)

    They'll try. Once this bubble pops there literally isnt enough money for the US to print their way out of it. It'll be a default on US treasuries since they got all the blood they're going to get out of the working class the last 3 times they printed infinite money. I think we're soon about to meet that can multiple generations of corrupt politicians and bankers have been kicking down the road.

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  • [–] 1 point 5 months ago

    Yeah. Don’t worry the next new thing is the crypto dollar. They’ve got that one ready. They’ll just force bond holders to re-buy into the new one at a 10-1 ratio.

    They’ll repay the 40 trillion with Monopoly money style hyperinflation and start a new scam with crypto.

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  • [–] 3 points 5 months ago

    Its more like the dotcom bubble if the president was also clearly taking bribes and had significant interest is picking winners.

    Some AI companies are going to keep going providing the marginal value that they do. Just some of them will lose.

    Place your bets but the house wins

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  • [–] [S] 5 points 5 months ago (4 children)

    That has not been true of any historic financial bubble. Almost ALL of them have been clearly identified in advance. However, the nature of financial bubbles is that there is lots of money to be made leading up to the burst.

    Please learn a little history.

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  • [–] 12 points 5 months ago (2 children)

    You're not wrong, but ending with "please learn a little history" is pretty condescending.

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  • [–] [S] 4 points 5 months ago (1 child)

    You know, that's fair enough. But honestly people confidently spreading ridiculous misinformation can set me off a bit.

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  • [–] 1 point 5 months ago

    That has not been true of any historic financial bubble. Almost ALL of them have been clearly identified in advance.

    Clearly identified by who? Maybe be a few. For sure not by the majority.

    There are people predicting crashes all the time... So many crashes that never happened. Just because someone predicts it doesn't mean that it is going to happen.

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