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by m4rtink 116 days ago
There far too many railways, amusement parks, housing developments and other bubble ventures that were either never even completed after wasting a lot of money or went bust soon after opening.

No reason the same can't happen now - especially for something as expensive and faily easily re-sellable as a datacenter & the hardware insite. Just rip it all out and sell it for parts where they are actually needed.

1 comments

The data centers have already been financed, they’re not going to stop halfway through because they’ve run out of money. Whether or not they’ll make money on completion is a different story, but that’s 2-3 years away at least. Then you might see RAM prices drop, but not before.
Financed means they have a promise to get the money, it doesn't mean they have the money.
I would not be so sure - for example Oracle is already struggling to finance its datacenter commitments:

https://www.tomshardware.com/tech-industry/shareholders-sue-...

They’ve sold the bonds, so they already have the cash. What worries investors is whether Oracle will be able to repay the debt.