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[-] ProwlsInSoup@lemmy.world 10 points 1 day ago

Please let it happen. Please! Hopefully datacentres gets demolished also or turned into puppy orphanages.

[-] chiliedogg@lemmy.world 6 points 20 hours ago

Some datacenters could be repurposed as traditional datacenters focused on networking and cloud storage, infrastructure.

[-] Modern_medicine_isnt@lemmy.world 1 points 21 hours ago

Look, none of use should be cheering for a full on pop of the buble. It will hurt all industries. And we know the oligarchy has insulated themselves in ways that will ensure they feel very little pain. It will be all the workers who will feel it. As for data centers, I don't think we need the bubble to burst to fight that. Lots of jurisdictions are already banning them. That is what we should be cheering for.

[-] TipRing@lemmy.world 3 points 17 hours ago

While I am not cheering for the bubble to pop, the longer it goes on the worse it will be so the sooner it happens the better.

[-] Modern_medicine_isnt@lemmy.world 1 points 54 minutes ago

I dunno. The market affect is mostly perception. I mean why should unrelated stocks suffer when AI companies fall, yet they do. So I don't think the length of time actually impacts the severity of the crash. But I'm no economist. That's more of a "I don't see why", rather than a "no it won't"

[-] TipRing@lemmy.world 2 points 26 minutes ago

The main issue is that increasingly AI companies are making up a big portion of index funds which are required by law to be purchased by mutual fund managers and thus part of retirement accounts, so value will be evaporated out of retirees accounts. The larger the bubble the more the impact.
Also note that the only reason the US is not in recession right now is due to AI market "growth" so the GDP correction that follows will cause companies who have invested in the technology (not just AI companies, but most of the Fortune 500) to contract. The fallout will be unpredictable, but the most likely scenario is layoffs. Further, the Fed will be reluctant to cut interest rates, because inflation is extremely high due to tariffs, so the one lever the government has to stave off the recession has been compromised by the current administration. So the recession will be deeper and worse with a longer recovery than it would otherwise have.

So why care? Because grandma's retirement will disappear, a bunch of people will be laid off and the levers available to mitigate the impact have already been pulled. Oh and inflation will get worse when our government bails out AI tech bros to the tune of $1T.

this post was submitted on 10 Oct 2026
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