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Comment Re:As long it looks good (Score 1) 47

make the old boomers think the company is worth more

This "old boomer" follows Warren Buffett's advice: If you don't understand the business or the market, don't invest in it.

The part of AI that I do understand is the data center construction, utility equipment, air conditioning, etc. Once that stuff has been paid for and installed, I wouldn't touch the operation part of the equation with a 3.05 meter pole.

Comment Re:You reap what you sow. (Score 1) 33

Companies wouldn't need massive compliance teams

Compliance teams are just the government's full employment promise to liberal arts majors. You can either find them jobs in the administration. Or you could create a bunch of regulations, with reporting requirements. And companies will have to hire the staff to generate the requisite reports. The former salaries come out of the federal or state budgets. The latter cost the government bupkis.

Comment Re:Oh look the grifters are back (Score 1) 102

Power grids are for high-trust societies.

True. And the grid is rapidly turning into a low trust environment. While it's true that some of the larger data center operators may be willing to put their money into power resources, many are not. Hoping that they can play the utilities against existing customers and get resources built for free*. So, having these existing customers take their revenue to go off and build their own pounds a stake in the heart of their scam: "We'll be here to buy your power. Trust me, bro."

*Utilities are basically in the business of trading long term capital financing for potential future, uncertain, short term revenue income. See WPPSS for what happens when predictions of furure revenue streams goes wrong.

Comment Re:Capitalism wins again. (Score 1) 204

That's why regulators have to be ever vigilant. Anything (within reason) that companies do which is "inward looking" is OK. The moment they address competitors in any way, that needs to be banned.

Example: A certain evil software vendor offers customers per-seat volume discounts for their product. OK. When the threshold for those discounts is coincidentally set to exactly the number of employees in a customer's facility, not OK.

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