Post #3224273
2025-11-14 00:24 UTC
@saraislet@infosec.exchange
"...is AI really going to do so fantastically that it's worth paying far more for the book value of these assets, far more for the projected future earnings — not the current earnings — far more for the projected future earnings of these stocks than people have ever asked in the past. So, that's plainly front and center the biggest issue."
https://www.bloomberg.com/news/articles/2025-11-13/john-authers-on-economic-impacts-of-ai-valuations-private-credit-cockroaches
https://archive.ph/06X1W
AI is a flight of capital out of the fossil fuel industry & little to do with productivity
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Replies (1)
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@Npars01@mstdn.social 2025-11-14 00:26
2/ 1. AI iniatives are ways to artificially boost fossil fuel demand. The market shrinks as solar, wind, etc gain ground, because they are far less expensive than fossil fuels. https://www.theguardian.com/environment/2025/apr/03/trump-fossil-fuel-donors-data-centers https://www.bloomberg.com/news/articles/2025-10-01/us-coal-revival-how-trump-ai-data-centers-gas-prices-are-fueling-comeback https://www.wired.com/story/heres-where-to-build-data-centers-to-keep-emissions-down/ https://www.politico.com/newsletters/power-switch/2025/11/13/whos-the-boss-on-data-centers-were-about-to-find-out-00650216 https://www.wired.com/story/trump-energy-industry-ai-fossil-fuels-pittsburgh-summit/