this post was submitted on 14 Oct 2026
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Banks are now trying to offload the AI data center debt they just underwrote (startupfortune.com)
submitted 2 days ago by HaraldvonBlauzahn@feddit.org to c/technology@lemmy.world
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[–] BigDanishGuy@sh.itjust.works 4 points 16 hours ago (1 children)

I remember the wall coming down and Denmark winning the UEFA cup in '92...

I think the AI bubble is gonna be so much worse than dotcom or housing in 2008. To me this AI bullshit is the dotcom on steroids.

[–] Jaysyn@lemmy.world 7 points 15 hours ago (1 children)

And we won't even get infrastructure out of this. Just a bunch of half finished data centers & $500B in currently warehoused specialized GPUs that can't easily be repurposed.

[–] BigDanishGuy@sh.itjust.works 4 points 13 hours ago

AND an industry that has an inflated sense of pricing