alt Hacker NewsA race track is a normal business trying to make money, so its operators rationally fold rather than almost certainly losing money even if they win in court.
An AI (or crypto mining) datacenter is fundamentally a financial fraud (or most charitably, in Mr. Greenspan's immortal phrasing, a result of "irrational exuberance") that has taken physical form. Nothing about it is rational, and their operators are happy to waste millions fighting even doomed legal battles to keep the music playing so they don't have to grab a chair.
>An AI (or crypto mining) datacenter is fundamentally a financial fraud (or most charitably, in Mr. Greenspan's immortal phrasing, a result of "irrational exuberance") that has taken physical form.
I really dislike the modern trend of trying to recategorise things when you dont like them.
A datacenter is in the business of providing power and rackspace to a customer. The customer is in the business of providing compute to AI users or a crypto network. That you are vociferously opposed to those pursuits does not invalidate them in any way.
>and their operators are happy to waste millions fighting even doomed legal battles to keep the music playing so they don't have to grab a chair.
What does that even mean.