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by Delphiza 29 days ago
It was only really the US that was left with the legacy of installed fibre.

The 2000 crash left a lot of broken economies worldwide. Many non-US stock markets benefitted from the tech stock feeding frenzy without the investment actually being used to build anything.

If the AI bubble pops, a handful of US megacorps may be left with good models, datacentres and other assets, but the economic shocks will be felt around the world.