I'm still baffled that all these wealthy fucks aren't hopping on the environmental bandwagon when there is so much mo ey to be made completely replacing the entire infrastructure if countries.

Are they afraid to make money? Do they just not understand it and can't see how it could be far more profitable than existing polluting industry?

But then somehow they are fine dumping their wealth into fucking AI snakeoil?

[–] Steve@communick.news 6 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

It's not overly complicated. That energy transition money will always be there waiting. In the mean time, there are better margins to be had continuing to pull resources out of the ground. Once that's truly tapped out and the expense ratio shifts, so will they.

The AI thing is separate. Those are different people.

[–] SL3wvmnas@discuss.tchncs.de 2 points 3 weeks ago (1 children)

Well the AI thing just happens to increase demand for giga-lots more electricity, making fossil fueled / nuclear power plants a nescessity.

[–] Steve@communick.news 1 points 3 weeks ago (1 children)

Coincidence does happen

[–] SL3wvmnas@discuss.tchncs.de 1 points 3 weeks ago

True. Just a happy accident...

[–] ameancow@lemmy.world 1 points 3 weeks ago

Faster returns by gambling on a bubble/grift. Nobody is actually thinking about the future, not for our planet and not even for themselves.