mapping365

I love how this is immediately used as an excuse to reinflate the AI bubble. Silicon Valley and Wall Street are just begging for backlash.

I think it can't be categorized as NIMBYism because the underlying sentiment is not just no data centers in my backyard, but anyones backyard. It's about the AI project itself, even if it expresses itself differently for a local context.

It's gotten to the point where investors aren't mindlessly buying the debt.

I think the level of mania that has been in the AI data center bubble in the last few years has come at the cost of permanent damage to the future of the industry. The public is in revolt.

I feel like that is besides the point. I think the fact that ended up this way is an illustration how hardened the public has become. There's no niceties, procedure. The public has been pushed well past that point. This is not a negotiation.

This is more a harbinger of what is about to happen all over the country. So the specifics matter less than it marking the political ascendancy of the backlash to AI / data centers / big tech / billionaires...

It feels like this is the first time I've seen the political system move in tune with the public mood in regards to AI and this is public anger finding expression in public policy.

Eminent domain is like the the Thanos snap version of state power in a democratic / capitalist country. The ultimate representation of the peoples will over the individuals desire.

Backlash is just a natural consequence in a democratic society to the absolute accelerationist mindset that AI development has taken since 2022. Actions meet consequences. I mean it wasn't so long ago they were talking about wiping out all white collar work and consigning most the country to the permanent underclass. If you look at how the rest of the economy has been starved of capital to fund all this and how its contributed to inflation and job insecurity, it doesn't really take a foreign actor to spark a massive backlash.

I feel like if they just expanded this logic slightly they would realize that data centers as an investment class are uninvestable.

These data center companies are in for a world of hurt. I doubt they have an inkling of what is coming their way.