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Re:Stargate Project: SoftBank, OpenAI, Oracle, MGX to build ... by boringg on Wednesday January 22, 2025 @11:33AM (#42794577)
Apples to oranges comparison. The problem set is completely different regarding your doom example of South America.
Re:Stargate Project: SoftBank, OpenAI, Oracle, MGX to build ... by rchaud on Wednesday January 22, 2025 @11:55AM (#42794829)
How? the problem is the same: a need for rapid industrial development to grow the economy. The solutions are the same: government picks winners, which is how an upstart like OpenAI can be paired with a dinosaur like Oracle. The latter's CEO of course being a long time friend of Trump.
Re:Stargate Project: SoftBank, OpenAI, Oracle, MGX to build ... by JumpCrisscross on Wednesday January 22, 2025 @12:29PM (#42795266)
> the problem is the same: a need for rapid industrial development to grow the economy

This is first-mover industrial development being funded by private actors looking out for a return on their investments. South America saw nothing similar--it was duplicating others' industrialisation with state capital (often borrowed from overseas) while spending massively on handouts.