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@jaykrown@lemmy.world

2026-11-01 01:10 UTC

The amount of wasteful spending for data centers is huge and parasitic to the rest of the economy Sources Census release (Oct 1, 2026): https://www.census.gov/construction/c30/pdf/release.pdf Census private construction table (includes Data center row, Table 3 SEs): https://www.census.gov/construction/c30/pdf/privsa.pdf Census definitions: https://www.census.gov/construction/c30/definitions.html Census Feb 2024 notice that Data center is published under private Office: https://www.census.gov/construction/c30/pdf/pr202402.pdf BLS PPI, Aug 2026 summary: https://www.bls.gov/beta/nextgen/ppi/producer-price-index-2026-09-10.htm BLS PPI release, Sept 2026 (Oct 15, 2026): https://www.bls.gov/news.release/pdf/ppi.pdf BLS series via FRED, NSA: https://fred.stlouisfed.org/data/PPIFDC ; SA: https://fred.stlouisfed.org/data/PPIDCS

Replies (5)

  • @nbsp@programming.dev 2026-11-01 02:48

    and yet paradoxically the only thing keep us out of recession :\ when you think back to how easily the entire global economy exploded in 2008… the last 18months makes zero fucking sense.

    Open ##5500784

  • @Skyrmir@lemmy.world 2026-11-01 02:06

    The damage has barely started. We’re all on the Titanic, and we can already see the ice berg coming.

    Open ##5502756

  • @Turret3857@infosec.pub 2026-11-01 06:43

    and yet, your post history continues to show us you love providing value to the shareholders pushing this shit. Curious.

    Open ##5503023

  • @luciferofastora@feddit.org 2026-11-01 07:58

    AI art is never going away, get over it This you? OP is pretty much the only contributor to !AIGenerated@lemmy.world, so forgive me if I don’t take their post here as good faith.

    Open ##5503951

  • @aesthelete@lemmy.world 2026-11-02 09:05

    Every dollar invested in something is a dollar not invested in something else. It’s called opportunity cost. I have no idea how many great wonders could’ve been built with the several trillions used to try to make LLMs into some kind of God.

    Open ##5512505