alt Hacker NewsIn every good market crash, there's a flash point. In 2008, it was the Lehman Bros collapse and congress refusing the initial bailout. This might be the flashpoint, 75 data centers blocked this year and a supermajority of Americans against their construction.
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People don't want them stopped entirely, they just want some kind of reasonable tradeoff or restrictions. The current government just doesn't care or listen at all. Just say "we hear you, here's what we are doing about your concerns" instead of silence or "fuck you, deal with it".
Why would this cause a market crash? A supply crunch in AI will push prices up.
Here I was thinking it will be somewhere between next-generation Nvidia chips, and inability to get ROI before the end of relatively quick GPU depreciation schedules.
Stopped in an election year. I suspect some politicians may change their minds come December.
If stopped before construction, the organizations funding the data centers still have the investment funds and can build in a different location or, worst case, give the money back to investors.
Assuming demand keeps up, owners of already-existing data centers continue to get windfall profits.
It would be like what happens when housing prices go up due to lack of supply.