Comment by LogicFailsMe

1 hour ago

>he has numbers to back up the possible downfall.

Those sorts of numbers apply to the common folk like you and me IMO.

They do not apply to the billionaire class. They just don't. The CapEx play either pays out when the buildout is justified or it soft lands for them with a bailout like we just saw NVDA do today with OpenAI. No matter what, in the end, we'll be holding any bar tab in our retirement accounts if they're being "managed." How many times must this game play out for the unchanging outcome to settle in?

What I do think is that datacenters will now end up in other less-regulated countries just like California's plastic "recycling" ends up getting burned as garbage in the third world. So there's that I guess.