Post #3689704
2025-10-10 21:21 UTC
@christineburns@mastodon.green
The intent of AI & cryptocurrency data centers isn't to produce a product with revenues.
https://www.wired.com/story/trump-energy-industry-ai-fossil-fuels-pittsburgh-summit/
https://www.theguardian.com/us-news/2025/jul/15/trump-ai-oil-energy-summit
It's to stop the switch to solar & wind & inflate fossil fuel demand.
https://www.theguardian.com/environment/2025/oct/04/pfas-pollution-data-centers-ai
https://subscriber.politicopro.com/article/eenews/2025/10/08/trumps-quest-to-cure-cancer-with-ai-is-powered-by-energy-that-can-cause-it-00594678
https://fortune.com/2025/10/07/renewable-energy-outpaces-electricity-demand-coal-trump-ai-data/
https://apnews.com/article/trump-artificial-intelligence-energy-data-centers-f216660b80f992ae303b348dac0b2f87
Trump's billionaires are converting "free markets" into state capitalism (ie kleptocracy)
https://open.substack.com/pub/robertreich/p/trumps-state-capitalism
https://www.iiss.org/online-analysis/online-analysis/2025/09/americas-quiet-turn-towards-state-capitalism/
https://www.investors.com/news/trump-stock-market-grab-nvidia-intel-mp-materials-us-economy/
Replies (1)
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@unruly@mastodon.social 2025-10-11 18:44
@Npars01@mstdn.social @christineburns@mastodon.green A new economic framework for understanding needs to be realized. Unbridled criminality by billionaires is one end of the spectrum and it's where we are headed. At the other end of the spectrum is a totally regulated for common good economy. :mastodon: