• megopie
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    17 hours ago

    I think it’s a suck cost thing at this point for a lot of investors.

    Like, they need it to be a hyper growth market. They’ve had to many false starts in recent years, and this one seemed so promising to them. They poured so much fucking money in to building data centers for it. They can’t afford for it to turn out to just be a novelty with niche uses cases in specific fields. The entire US economy, top to bottom, is massively over leveraged on every front, if this doesn’t print money, there isn’t the capital needed for another big investing spree.