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this post was submitted on 21 Aug 2025
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Man, I swear I was just reading an article about the other day about how the United States has already lost the AI race due to our failing electrical grid.
Apparently, China can already produce double the amount of power they need, and they're working on major green energy projects that will increase their energy production by double what they currently make.
China's trying to target by 2030-something to be completely off coal power.
techcels getting mogged by oilchads
Stuff like this makes me wonder if the tech billionaires might be losing control of the ship of state. It simultaneously threatens both the AI stock market bubble that makes up most of their assets, and their investments in the real economy that rely on cheap energy. Their whole strategy of scooping up cheap assets during a downturn doesn't work if the US economy is de-developed to the point where it can no longer generate profits, and if they're locked out of China. Is it just pure ideology that's blinding them, or have they created a monster they can't control?
It's a monster they can't control because they only look at a quarter ahead. They don't make multi-year plans for long-term investment. They want maximum profit in short-term investments. If they're not increasing their short-term profits, the company will lose value in their stock, and the people in control of that company, the people that invest in that company will lose money, which is something they don't want. So there is no incentive, in fact, there's an incentive against this type of long-term investing since it will make the balance sheet per quarter look worse when they start their long-term investment project.
Money supply goes up asset prices go up
Do you happen to remember the article?
It was all over, lemmey, let me go see if I can go find it.
Edit
Found it: https://fortune.com/2025/08/14/data-centers-china-grid-us-infrastructure/
Gracias
I added the link to my original post, but here is the news community thread:
https://hexbear.net/post/5870777