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Your house (hopefully) goes up in value. The datacenter goes down.


Land tends to appreciate, but not so much the rotting box atop it

I bring this up not as a "well, ackshually" but because the datacenter analogy is more similar in that respect...except worse, because now it's a rotting box full of very expensive hardware that hasn't historically held a lot of value until this current shortage


And the hyperscalers have made the (questionable) choice of depreciating that hardware over 6 years rather than the usual 4.




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