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by TheOtherHobbes
22 days ago
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No one needs that much AI, even if they did need that much AI there are more efficient and cheaper ways to make it happen, and even if there weren't these boxes will be obsolete within 3-4 years. The whole thing is baffling. If I were cynical I'd wonder if they're actually trying to cook the planet. Or maybe there's some kind of tax grift involved. Makes no sense at all otherwise. |
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Because developers promising massive projects to scoop up a bunch of land, do little to nothing with it, sit on it for awhile, and then eventually just sell it for a profit...that's not a new thing at all and isn't unique to the tech industry.
I wouldn't be surprised if a not-so-insignificant part of all of this winds up being just banking land that you got zoning, entitlements, and maybe some utility infra stuff setup for.
That may also explain some of the kind of puzzling cloak and dagger behavior with so many of these data center initiatives in local communities. If you truly think you're about to build something that is going to "imminently transform the way we do everything" and become some kind of $X trillion dollar industry, I'd imagine you'd be showing up with better "gifts" to ensure quick frictionless approval. But if they're more so viewing project proposals as speculative investments for control of land that is hopefully desirable to a bunch of tech firms (whether that's now or years from now), then keeping costs low and details vague early on makes more sense.