this post was submitted on 09 Jul 2026
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Bingo! Give this guy a prize, they get what's going on.
Vaguely related thought: I'm pretty sure the AI bubble also has a lot to do with the fossil fuel industry transferring their wealth out of oil while at the same time wringing the last substantial profits they can out of their dying industry. They don't give a shit if it all collapses, AI datacenters are just a stepping stone that's conveniently propping up oil and gas and even coal while they evacuate their money from the collapsing building.