Comment by mekdoonggi

Not sure if this is the same sentiment, but I feel that even though the technology is handy, the investment is speculation. Billions and billions are being spent on developing this technology hoping to create a unicorn that turns billions into trillions.

I know it's unrealistic, but imagine you took $30b and just started ploughing into a random city. Real estate, development grants, EV charging infra, renewable projects, transit. Just boring existing technology, but concentrated investment to make the other investments more valuable. You could turn that $30b into $60b in a few years while changing the lives of an entire city.

But American capital says no, and gambles it, because it's just a game to the people in charge.

Money is responsibility. While I pinch my pennies and show up to my day job, the people with the keys throw billions on an oil fire hoping it magically turns into gold.