elictronic
Joined 3 years ago
Joined 3 years ago
These companies have the benefit of a real product at least, but eventually the rubes get fleeced.
If it were based on building vehicles there market cap would be 30x less than it was today comparing with Toyota.
Putting it in Information Technology is correct and the price is still stupid even then. It's why SpaceX is being forced to buy it, otherwise the whole deck of cards collapses.
Every part of this would be fine if the companies allowing fraudulent parties to use their platforms were prosecuted for mail fraud, or interstate commerce fraud. Put the executive in jail. It's really this simple. The moment executives have repercussions they change their actions. Make cashapp prove they did their due diligence.
I’m guessing those new mines opening are to limit the impact of this sort of situation in the future.
It's much easier to destroy the power generation for those data centers than the center itself, and power generation is much less redundant and more easily impacted. It can be highly visible if you are only hitting a few targets, but the actual impact ends up being pretty low.
Most of the HVAC based control system changes are about saving energy, not labor.