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thelastgallon • today at 5:58 AM • 0 replies • view on HN

> Another company, which then bought the largely finished canal, cheap, they had potential profit... until tech change (railroads).

Absolutely right. Somebody may buy the DCs. The tech changes very very fast, the DCs may be entirely worthless. US has high energy costs, it can never be cost competitive.

Why Data Centres Will Change the World and Bankrupt Their Builders — John Hempton https://www.youtube.com/watch?v=GY5YyPLfqp0

Useful (like solar, airlines, fiber), but it won't be profitable. High capital cost, low marginal cost, subject to competition and with technical improvement --> these four factors guarantee businesses will never be profitable, and they go bust.