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Capital allocation is a serious job with very real consequences. The decision of how many AI datacenters should be built, to take an an unusually topical examp
by zozbot234 8mo ago
Capital allocation is a serious job with very real consequences. The decision of how many AI datacenters should be built, to take an an unusually topical example, is one of capital allocation. Central planning is not a viable solution, it has failed everywhere it's been tried.
- swed420 8mo ago> Central planning is not a viable solution, it has failed everywhere it's been tried. Laughs in chinese (and yes I'm aware they use instances of capitalism. The difference is they have hard checks in place)