I disagree.

We have been living on the investment of previous centuries and decades in the West for close to 40 years now. Everything is broken but that didn't matter because everything that needed a functioning physical economy had moved to the East.

AI is the first industrial breakthrough in a century that needs the sort of infrastructure that previous industrial revolutions needed: namely a ton of raw power.

The bubble is laying bare just how terrible infrastructure is and how we've ignored trillions of maintenance to give a few thousand people tax breaks they don't really need.

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incompatible 3 hours ago | parent | next [-]

Why not follow the time-honoured approach and put the data centres in low-income countries?

	▲	noosphr 3 hours ago \| parent \| next [-]
		Because you only do that once the tech has been comodatized and you have wrung all the benefit for your country that you can. The British didn't industrialise Indian for a reason.
	▲	BadBadJellyBean 3 hours ago \| parent \| prev [-]
		I assume they don't have good enough power infrastructure.

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lawlessone 3 hours ago | parent | prev [-]

>AI is the first industrial breakthrough in a century

Is it?