cross-posted from: https://lemmy.world/post/54061344
https://archive.ph/2026.11.05-224738/https://www.ft.com/content/32fd4450-5880-437d-9bd9-df13289ada24
The US midterm elections — in which voters elected anti-data centre governors in Texas, Georgia and Ohio and passed 38 local votes in favour of restrictions on their development — have forced the tech industry to reflect on its failure to connect with the public.
“The reason is not that people are Luddites . . . it’s much like the protests against the masks in Covid. It has become a political symbol,” said Vik Bajaj, co-chief executive of the Jeff Bezos-backed AI start-up Prometheus.
. . . “As a profession, we have spent two years pretty dangerously telling people that AI will change the future of work for the worse — that they will be out of jobs, that their children will be out of jobs, their grandchildren will live in a world that’s unrecognisable. And then for the last year or so, we’ve also been flirting with the idea that it’s an existential crisis.”
“I think this election was a big wake-up call . . . to take a pause and think about what’s happening and approach this in a way that’s maybe a little more thoughtful,” said John Hanke, founder of Niantic Spatial, the AI world model company and gaming group that made Pokémon Go. “It’s been go, go, go, build, build, build, and some of that has been . . . with head buried in sand.”
The current AI craze is a fraud that’s pushed by the “tech leaders”.
So hungry for money they build “empty” datacenters just to rent them out at a later date to an unknown customer…
Meanwhile the big names are giving each other their money and hardware in some perverse rotation scheme and call it profits.
They’re all so glued to it that they urgently need to prevent the bubble bursting lest they destroy all their riches.