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> So why don’t we build some damn factories then? Our infrastructure stack is woefully outdated and yet all we seem to be funding is AI and other SaaS. The sho
by dctoedt 1y ago
> So why don’t we build some damn factories then? Our infrastructure stack is woefully outdated and yet all we seem to be funding is AI and other SaaS.
The short answer: 1) Veto power vested in too many NIMBYs, in various flavors; and 2) Wall Street is rewarded on — and therefore chases — short-term results that goose the stock price.
- _DeadFred_ 1y agoAh yes, rust belt towns, midwest towns with huge disgusting meat processing plants and countless shuttered plants they would love re-opened. Notorious NIMBYs.
- SR2Z 11mo agoWe don't need new meatpacking plants, we need factories to do high tech manufacturing. Unfortunately small towns in the Midwest aren't nearly as attractive for that.