alt Hacker News> But wouldn't it be nice if the US spent more money addressing the shortage of compute rather than blowing $h!+ up for the lulz?
No actually. The best way to ensure growth is in exactly these kind of industries that promote innovation. Sure some companies don't make it but that's the price to pay for risks.
This is a classic case of optimising for the short term and forgetting the long term benefits
So you're saying starting opt-in wars and blowing shit up is sound economic policy for the long run? Gonna disagree. I think the long view is unbounded compute. But I also believe it doesn't take up all that much space, and that we already have the technology to power it if we weren't squandering our impulse cash on dumb shit like subsidizing coal and wars of peacocking.