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Over-investment in a new technology seems to be a common thing. It happened with the Internet and railroad. A bubble forms which pops. But the process leaves be
by leopoldj 1y ago
Over-investment in a new technology seems to be a common thing. It happened with the Internet and railroad. A bubble forms which pops. But the process leaves behind valuable infrastructure.
- nativeit 1y agoIt's too bad the infrastructure in this context largely becomes obsolete in under a decade. Optimistically, we'll have a lot of data centers with a lot of generalized resources, but I have a feeling the margins get pretty thin on operating/maintaining those facilities absent high demand.