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