this post was submitted on 02 Dec 2025
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IBM CEO says there is 'no way' spending on AI data centers will pay off (www.businessinsider.com)
submitted 1 week ago by rssbot@lemmy.bestiver.se to c/hackernews@lemmy.bestiver.se
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[–] cecilkorik@piefed.ca 1 points 1 week ago

Profiteering from an engineered shortage is an important part of capitalism. It's the part that doesn't create any progress except for the people doing it. Remember when they say capitalism is the best way to create progress? Well, this isn't that kind of capitalism.