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Cake day: January 22nd, 2025

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  • Interestingly, from a macroeconomic standpoint, “wasting” a ton of money by spending it on something that won’t ever yield profit but instead goes to pay people’s salaries, build infrastructure, and conduct intense focussed research and development of computer and energy hardware and systems could actually be a good thing for the economy. Not for the tech companies per se, but it’s a lot more productive than the circle jerking fraud of the mortgage derivatives crisis for instance. Yes, NVDA will eventually correct, but it’ll leave in its wake a huge glut of computing power, pumped up local economies across CA especially, and oversized power distribution infrastructure that could readily be used for anything else really.