• LeeeroooyJeeenkiiins [none/use name]@hexbear.net
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    15 days ago

    I don’t even understand what all this money is even going towards, like what individual people at the end of it even get paid and for what, they might as well just be shoveling the output of the U.S. mint into a furnace for what it seems like

    • KobaCumTribute [she/her]@hexbear.net
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      15 days ago

      The pockets of landowners who sold the land for datacenters, the pockets of construction company owners, the pockets of computer part vendor owners, etc. Basically any owners of a business that produces the sorts of capital a datacenter needs are making bank selling the shovels for this magic bean rush.

      And also they’re doing lots and lots of fraud and market manipulation by doing the joke about two economists stranded on an island trading a rock back and forth to build up the island’s GDP enough that they can buy a boat, except for real.

    • Evil_Shrubbery@thelemmy.club
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      15 days ago

      They are building monopolies (“market disruption”) which is something shareholders go nuts for (it’s like the ultimate thing to get the line to go up).