@ColesTrades is it though? The way things are going with the war and resulting inflation and interest hikes I am not so sure. Not to mention that the entire markets seem to be on a downward spiral due to Ai concerns. I bailed a few weeks back taking a loss.
@CarsonTalkMoney A couple of primary issues. 1. They are dependent upon OpenAi ... who, at this stage are IMHO 90% likely to never make a profit without a government bailout. 2. Investors getting seriously worried about the ROI on all this Capex spend.
@LarkDavis Once listed, it’s going to get a bailout from the government when it all collapses. Ditto with OpenAi … and established names like Oracle. Ai is now too big to fail. Let’s see how the public stomach this bailout.
@amitisinvesting I think there is also the problem that these data centres are taking years to come online and many … up to 50% are either being delayed or cancelled. I don’t understand how all these chips are being sold when this is the case. Surely new data centres will have outdated chips?
@patientinvestor One incredibly frightening statistic is that the IPOs aimed for this summer are 3 times the size of all IPOs combined in history. That is utterly bonkers. We are 100% in an investor bubble.
@UpbeatMajority@0xDavecryps "To spend it would mean selling their companies and other assets, why should they have to do that?" ... err maybe to help civilisation ... you know.... the whole point of the original question.
@Izda_RayNum@MarioNawfal Exactly .... many people ... males in particular ... are fascinated in Space for some reason. I think SpaceX will be useful for the satellite and defence aspects ... after that I am struggling.
@MarioNawfal "He does everything that he sets out to do." .... possibly but he always delivers late ... often very late. I would be utterly amazed if he manages to build one complete DC in Space in the next 10 years.
@elonsidechick@TheAlphaThought Agreed. The ROI element is now gaining traction. I honestly think it's a 50/50 call whether these huge Capex investments pay off. Worries me immensely how we keep hearing about Data Centre builds either being postponed or cancelled.
@Kerperskyy@MrMikeInvesting Why? it only makes matters worse. He is basically showing the World that these Ai Companies could be in gigantic trouble here and basically need an intel like bailout when the shit hits the fan. He knows if the market crashes it's all over for the American dream...and him.