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by floppiplopp 296 days ago
The AI hype is probably collapsing soon. But that won't solve the issue. It's basically the only thing that drives the ponzi scheme, sorry, the "stock market growth". It'll end in tears for working people again.
2 comments

If it really grows that much and households then consume a small fraction of the generated electricity, it would be easy to tax the electricity generated for AI and just make it free for household consumers.
Not at all. Corporate earnings have been strong entirely disregarding the AI bubble.

We will likely look back and see that much of the misguided AI investment was a headwind rather than a tailwind to things like EPS growth.