Yep. This is the impact I see from my employer who is in the energy industry. They are trying to build up the electric grid to handle additional data centers. Between Bitcoin and AI there is a lot of new demand for energy in locations where there has been little population growth.

Nice try Elon

A lesson learned from Animal Farm babyyyyyy

Whether VR works for Meta or not, they have invested in technology and built careers for employees. This is why we should have corporate taxes. I’d rather see corporations keep employees and advance technology instead of giving dividends to the wealthiest people in the world. While the product might not work out, I bet there are many people who worked on it that will take those skills to new projects.

I don’t think they claimed they were greedy because they were Indian. I think it is more of a question on why the Indian people who have been successful in tech are implementing the profit motive policies and what overlapping culture we share with India that would lead people to that capitalistic goal of profits over product. Isn’t that something worth exploring? I think it already has led to an educational discussion where one commentor mentioned the history of worker actions in India.

Companies catering to the wealthy is already happening. The richest man in the world, Bernard Arnault, sells luxury goods. It used to be that selling products to the most amount of people was better, Ford, oil barrons, even Wal-Mart. Now money is made selling products to the wealthy. The growth in inequality of the last 50 years shows up in many ways today. Housing sizes are larger because builders need to sell to the wealthy instead of to the masses where margins on modest sized homes are smaller or non-existent.