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I disagree. We have been living on the investment of previous centuries and decades in the West for close to 40 years now. Everything is broken but that didn't
by noosphr 1y ago
I disagree.
We have been living on the investment of previous centuries and decades in the West for close to 40 years now. Everything is broken but that didn't matter because everything that needed a functioning physical economy had moved to the East.
AI is the first industrial breakthrough in a century that needs the sort of infrastructure that previous industrial revolutions needed: namely a ton of raw power.
The bubble is laying bare just how terrible infrastructure is and how we've ignored trillions of maintenance to give a few thousand people tax breaks they don't really need.
- lawlessone 1y ago>AI is the first industrial breakthrough in a century Is it?
- abalashov 1y agoYeah, I don't know about that.
- incompatible 1y agoWhy not follow the time-honoured approach and put the data centres in low-income countries?
- noosphr 1y agoBecause you only do that once the tech has been comodatized and you have wrung all the benefit for your country that you can. The British didn't industrialise Indian for a reason.
- lenkite 1y agoThe British deindustrialized India. https://en.wikipedia.org/wiki/De-industrialisation_of_India https://en.wikipedia.org/wiki/De-industrialisation_of_India
- BadBadJellyBean 1y agoI assume they don't have good enough power infrastructure.
- lm28469 1y agoBridges can be used for decades, your brand new GiGaAiFaRm will be fully deprecated by 2030 already. All the infrastructure will be useless when the data centers move to the next city/state offering a tax cut.