this post was submitted on 11 Mar 2024
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It’s paywalled so I can’t see if it’s discussed in the article, but I read a different article a couple days ago (that I’m sure plenty of you saw as well) about how, in a time where we need to be massively and rapidly scaling back emissions, private companies keep getting involved in new markets about new tech that hugely expends energy. First, it was blockchain. Now, it’s AI.
But, profit over survival, right?
Infinite growth on a world with finite resources, what could go wrong?
If a company doesn't make their projected 7% gains every year it is front page news and it is deemed a failing business. "ohh no we only made 120 million dollars this year, how will we feed the shareholders kids"