alt Hacker NewsMy prediction is that it will go the same way as the dot com bubble. The hypesters and fraudsters will eventually collide with objective reality, but the technology will persist and society at large will benefit from the infrastructure and the increased access to knowledge.
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gyomu • yesterday at 10:27 PM
> society at large will benefit from the infrastructure
Data centers as infrastructure are very different from DSL rollout though. Much, much more expensive to maintain, with a much much shorter timespan.
If the bubble pops and data centers get shut down because there’s no one to pay the bills, there won’t be much left 5-10 years later in terms of infrastructure.
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Assuming that we recover from the damage being done now. As one example, a friend of mine has remarked that large corporations will benefit from the current AI-induced reality of no one being able to afford their own hardware, and keep prices that way to enforce a renters model on computers.