posted in Technology
Banks are now trying to offload the AI data center debt they just underwrote
startupfortune.com/banks-are-now-trying-to-offload-the-ai-data-center-debt-they-just-underwrote/Replying to @HaraldvonBlauzahn@feddit.org
Please oh please let’s get this going already
Replying to @Gerudo@lemmy.zip
Why do you want it to happen? What good will come of it?
Replying to @BauerBender@lemmy.world
You mean the shit head leads of tech industry collapsing? The end of the rampant circular investing? The end of the race for AI that doesn’t really do anything? Crashing the current economy?
I mean take your pick, I want all of these.
Replying to @Gerudo@lemmy.zip
What about the rest of the country getting mega fucked? Where did you work in 2008? Did you own a home? Do you know what it was like?
I’m not saying these asshole deserve it, but I’m scared of going through 2008-2013 again.
Replying to @BauerBender@lemmy.world
I was very aware of what 2008 was like.
We need some kind of massive reset in this economy, we can’t just keep line going up. The current economy is built on eggshells and even if the tech industry doesn’t implode, there are plenty of other things happening that will cause one anyway. We WILL have a full blown recession/depression again. It’s just a matter of when.
Replying to @BauerBender@lemmy.world
The longer the crash takes to happen, the more malinvestment that is occurring, the more painful the recovery to be. If you want this to be as painless as possible, you want the crash to happen immediately.
Replying to @BauerBender@lemmy.world
Not the country the world.