169
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 25 Jul 2026
169 points (100.0% liked)
Technology
86636 readers
2954 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 3 years ago
MODERATORS
They aren’t “forced” to do anything. They are choosing to throw money down a black hole.
Not really true.
If they stop, it's over for them.
They have to keep digging hoping for something big to happen: IPO and rake in cash from retirements; big government programs with guaranteed vendor lock-in; or stumbling upon an AGI and winning the '''''''race'''''''.
If the market wakes up from the hypertrend before that, they are absolutely fucked.
We get fucked in every scenario, btw.
Well, I’ve learned to think of these things as wealth transfers — is that fair in this context.? Question is, where’s all the money going that big tech is loosing? To power companies, or is more complex than that?
Remember, the execs are bonusing themselves. They are all getting filthy rich right now.
(And like all scams, they don't care about efficiency.)
It's going in a circle, eventually ending up at nvidia and co.
also effectively wasting planets resources