Greenland, the 52nd state, would make a perfect site for data centers to serve the Western world. Vast land mass, frigid conditions that servers like, put in a few nuclear reactors for electricity and no NIMBYs because Greenland has no backyards. Run a few TransNorthern Atlantic cables and fire it up👍👌
Remember the dot com bubble. I believe this is similar but with bricks and mortar and they will over build the whole concept. In the meantime, the financial market will gin it as well as all the construction and chip manufacturers. Pump and Dump at it's finest. Not only will the AI centers suck up the water and electricity, but they are angling for not paying real estate taxes! Sucking everyone in.
The fear-mongering over AI-15 chatbots is getting to be over the top.
Greenland, the 52nd state, would make a perfect site for data centers to serve the Western world. Vast land mass, frigid conditions that servers like, put in a few nuclear reactors for electricity and no NIMBYs because Greenland has no backyards. Run a few TransNorthern Atlantic cables and fire it up👍👌
Remember the dot com bubble. I believe this is similar but with bricks and mortar and they will over build the whole concept. In the meantime, the financial market will gin it as well as all the construction and chip manufacturers. Pump and Dump at it's finest. Not only will the AI centers suck up the water and electricity, but they are angling for not paying real estate taxes! Sucking everyone in.
That about sums it up.