@radiojammor @Kjaerulv @ChrisMayLA6 The biggest tech companies are secretly pushing for more regulation for entirely selfish reasons. They don't care about you or me, they just want to ban the competition. As for my prediction that the AI data center crisis will be like 2008: I say this because all the warning signs are there. These AI data centers in particular are being packaged into debt backed securities sold in traunches to investors based on the premise that the data center in question will continue to be useful until the debt is paid off. The scary part is that legally the people selling these data center securities don't have to tell the buyer what's in them and that the buyers are often pension funds, life insurance funds and annuity funds, and if those funds fail, the competing pensions and annuities are on the hook to pay for it, and then the taxpayer by extension though tax credits.

@Kjaerulv @ChrisMayLA6
I wouldn't be surprised if meta tried to automate the maintenance of a data center. My point still stands about the subprime data center crisis probably being worse than 2008. And because governments have been captured with the AI race rhetoric that chatbots are somehow vital to national security, this time the taxpayers will foot the bill.

@AkaSci So more helicopter money. Maybe instead of borrowing moneh to give everyone 5000 dollars how about cutting government spending by 5000 dollars per taxpayer and using the money to pay off the debt.

@ChrisMayLA6 There is a difference between a standard data center and the new AI data centers being built. Most data centers are built for general purpose computing, but AI data centers are almost entirely dominated by expensive graphics cards focused on a very narrow type of computing and cannot be easily repurposed for the computing needed for hosting websites and apps. When the AI bubble bursts or a more efficient means of running AI is found, these hyperscalers are going to go bankrupt the value of the hardware they are sitting on us going to crash and it's going to be just like 2008. You cannot run a website, host a cloud drive or serve an app on a graphics card alone. That said, when very high paying jobs are added to a local economy, the people working then spend their money, which will support hundreds of other jobs that wouldn't exist had that money not been circulating. Which is going to make the AI crash a lot worse than 2008.