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Comment Re:Fiber optic bubble? (Score 2) 28

I worked at a nascent telco that was laying thousands of miles of fiber around 2000

Their stock took some hard hits, myself and a large percentage of the staff was laid off, and they only survived through competent merger and acquisition strategy

From a business standpoint, they certainly suffered from a bubble, but their fiber is still in the ground and they will exist for decades on their massive buildout 25 years ago. I suspect these datacenters will behave in a similar manner, there will be a bust, but the infrastructure owners will profit from it for decades, even if stock and bond holders, and employees take some losses in the mean-time

Comment Re:hardware and software (Score 2) 28

You mention consistent rends in semiconductors to reduce size and energy, but ignore the fact that the sheer mass of installed computing equipment has continued the entire time that this reduction in chip size and energy consumption has been going on

While there is an element of hula-hoop hysteria in descriptions of the continuing data center buildout, they will build out new datacenters as long as there is money in it, and IMO there will be demand for AI personal assistants for the mid-term 15-25 year horizon

Comment Re: Give that most things in DC are written by ... (Score 5, Insightful) 113

Comment Re:The jobs are never coming back (Score 1) 64

Um, no

There used to be a lot of fabric mills and clothing manufacturing in Massachusetts

They were Union jobs, and you could raise a family on those wages, with one working parent

Those jobs got destroyed by Republican, anti-Union, states creating "Right to Work" laws, which convinced manufacturers to move their operations to Southern US states

However, once those companies figured out they could easily relocate to reduce costs, they moved to Central and South America, abandoning those US workers

Eventually, they all moved to South Asia and will likely stay there until yet another region proves themselves to be a less expensive option

You would have to drop US wages to starvation levels in order to convince companies to move back here, or have tariffs of 10,000% to offset for US wages

It amuses me how people who make a lot of money think they can drop everybody else off of a cliff and get by themselves

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