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> Why should an individual accept any sacrifice whatsoever if all of the profit is going to go to the billionaires who own it? At some point, their 401Ks are g
by dylan604 2mo ago
> Why should an individual accept any sacrifice whatsoever if all of the profit is going to go to the billionaires who own it?
At some point, their 401Ks are going to depend on it.
- harimau777 2mo agoI think that's another example of the social contract breaking down. Lots of people either cannot afford to invest or no longer believe that investing will allow them to afford things like a house or retirement that were traditionally part of being middle class. I imagine that things would be dramatically different if most people believed that the success of data centers would directly lead to their economic success.
- freeone3000 2mo ago45.7% of Americans don’t have a 401k. That’s not a convincing argument.
- dylan604 2mo agoThat's more people than elected the sitting president. Numbers don't really mean what you're trying to imply. Going the other way, 1% of the population hold the vast majority of the wealth while yielding all of the power.
- harimau777 2mo agoCan you explain what you mean by "yielding all of the power"? I don't think we can really just dismiss the people who live near proposed data centers and don't have 401Ks. What do they get out of the deal?
- dylan604 2mo agodoh! s/yielding/wielding/ I'm not concerned about people having 401Ks or not. I'm suggesting that people with 401Ks that are against data centers will at some point be benefiting from the success of the companies running those data centers. They may not be aware of it as most people do not know the individual stocks in their managed funds.