Every problem in the US today can be traced back to financialization; that is, the setting up of tollbooths at every intersection by people who create nothing.
It's not capitalism. It's Neo-Mercantilism.
Concerned about the environment? Think carbon credits or ESG mandates are the solution? The real issue is the Wall Street derivative desks.
This is charging a toll on everything manufactured.
The reason it is so important for everyone to keep pretending that AGI is definitely right around the corner is that there is now over $1T of investment riding on this belief (either already expended, or committed)
Current (and recent past) capex cannot be justified by current use cases and technology (currently spending $10-15 to make $1). To ever be in the black you'd need dramatically better tech/applications, and you'd need them fast -- before current datacenters depreciate, which is a 3-5 years timescale