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eicker@lemmy.world to Technology@lemmy.worldEnglish · 13 hours ago

There Are Signs of Serious Trouble in the Data Center Industry: "People aren’t just dropping their shorts for data centers anymore."

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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

eicker@lemmy.world to Technology@lemmy.worldEnglish · 13 hours ago
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There Are Signs of Serious Trouble in the Data Center Industry
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Cracks are forming in the foundations of the data center industry, with a huge number of projects falling through entirely.
  • 🌸𝓯𝓵𝓸𝔀𝓮𝓻🌸@sh.itjust.works
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    13 hours ago

    “We plan to shoot for the moon and land on a pile of money” classic Silicon Valley businessplan.

    • NekoKoneko@lemmy.world
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      12 hours ago

      Considering how tech CEOs are acting, with their bunkers, bodyguards, remote islands and rockets, I’m not sure they planned to come back after leaving with all our money.

      • 🌸𝓯𝓵𝓸𝔀𝓮𝓻🌸@sh.itjust.works
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        10 hours ago

        leaving with all our money.

        Talk is they’re planning on staying away while money and debts inflates away to zero and come back with all the deeds when the fighting stops.

        • ch00f@lemmy.world
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          9 hours ago

          Don’t you need a functioning government for a deed to have value?

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