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Family in Georgia says they're forced to sell home to help power data centers (www.msn.com)
submitted 1 month ago by to c/technology@lemmy.world
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[–] 17 points 1 month ago (2 children)

Cannot wait for this AI bubble to pop as these corrupt politicians are so obviously doing this at our expense, while they pocket all the profit

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  • [–] 16 points 1 month ago (1 child)

    Here's the thing. The bubble will pop, people will loose billions, the prices of everything will go into flux, the economy will crash, and the people who still have enough money to make serious investments during that time will be able to buy so much more stuff simply because so much more will be for sale.

    We saw it happen in 2008, we saw it happen in 2020, and it will happen again when the bubble pops, and we'll just let the people who crashed the economy off the hook, and borrow more money from our future selves to pay them to fix it now.

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  • [–] 3 points 1 month ago (1 child)

    well that doesn't sound as good, i never even considered this to be a possibility, but thinking about it logically makes sense

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  • [–] 6 points 1 month ago

    Happens every time. Realistically, the only thing that would "level" the playing field is a complete collapse of all currency. Unrealistically, it could be leveled through progressive taxes on obscene incomes, a recurring tax of accumulated wealth over a certain value, and closing of tax loopholes.

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  • [–] 4 points 1 month ago (1 child)

    Don't forget how many good people will be left holding the bag due to their retirement funds being drained into that bubble while the elites cash out :( just like the 2008 crash this is just another pump and dump at our expense while the rich will make out like the robber Barron's they are anyways

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