There's a reason they are building AI Data Centers

Added: 2026-05-26

[00:00:00]Is building data centers the same thing as achieving dominance in this space?

[00:00:05]Maybe, maybe not. That would be the most lucrative part of the whole process for developers and for BlackRock, but is it actually the same as technological progress? He's maintaining there that building data centers aren't necessarily going to mean we dominate in AI, and this might be in part a conspiracy of the developers who just like building data centers. But developers don't just build stuff out of nothing for no reason. They build stuff cuz they think it's going to be economically useful, and they're going to make money from it, right? If there's no market for data centers, then these things are totally a waste of time. No one would be making them. Now, some of them may some of the developers may be making a wrong bet, and you know what happens in our system.

[00:00:45]You do that, you get punished economically. You lose a lot of money, or you go out of business. So, the idea that developers are just making data centers so they can profit at the cost of all the rest of the American people is preposterous.