> Tech giants are using a vast storehouse of capital to build out data centers to power AI, a 12-figure capital expenditure that is propping up the U.S. economy almost by itself.
Uhhhhh, no. It's propping up Wall Street by itself. That flow of spending does not recirculate particularly to other manufacturing, shipping, agriculture, health care delivery, or most other sectors.
Godzilla became sympathetic once Mothra (or Ghidra, or the Smog Monster, or others showed up). That's where the simile fails.
quantified•6mo ago
Uhhhhh, no. It's propping up Wall Street by itself. That flow of spending does not recirculate particularly to other manufacturing, shipping, agriculture, health care delivery, or most other sectors.
Godzilla became sympathetic once Mothra (or Ghidra, or the Smog Monster, or others showed up). That's where the simile fails.