this post was submitted on 15 Feb 2026
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Western Digital runs out of HDD capacity: CEO says massive AI deals secured, price surges ahead (www.tweaktown.com)
submitted 4 days ago by ardi60@reddthat.com to c/technology@lemmy.world
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[–] Kissaki@feddit.org 1 points 2 days ago* (last edited 2 days ago) (1 children)

Or maybe the bubble will pop, and we’ll have a repeat of 2008, except 100 times worse.

The AI spending and stock is much more localized. It's not grown over more years and integrated into many financial systems. So the results may be much less severe.

[–] BarneyPiccolo@lemmy.today 2 points 2 days ago

Circumstances will be different, and the problems may manifest differently, but it will still be very bad for workers. When those companies are forced to realize that they threw away a decade of profits on nothing, they will make up for it by closing locations, and firing lots of people. Those businesses that don't fold up entirely, that is.