3 ms·
There's 5 groups of stakeholders lending to the Western world's AI and AI related activities for ~$2T+ in combined debt: - Stock holders* of the individual com
by burnt-resistor 2mo ago
There's 5 groups of stakeholders lending to the Western world's AI and AI related activities for ~$2T+ in combined debt:
- Stock holders* of the individual companies and their associated subcontractors; *: includes involuntary/indirect market component holders like retirement account (401k) and institutional investors
- Subcontractors to the companies above on credit, and are waiting an unusually long time in some cases to be paid, such as builders of data centers
- AI and AI-associated companies lending money/product/etc. to each other
- Federal, state, county, and city government subsidies, grants, and loans
- Utilities paying for infrastructure and generation upgrades, but then passing costs through to ordinary ratepayers; several states require 4-10x their statewide maximum generation capacity with planned and proposed data centers