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339 points throw0101c | 1 comments | 18 Jul 25 19:59 UTC | HN request time: 0.211s | source

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jonas21 ◴[18 Jul 25 21:09 UTC] No.44609857[source]▶

I don't know... 1.2% of GDP just doesn't seem that extreme to me. Certainly nowhere near "eating the economy" level compared to other transformative technologies or programs like:

- Apollo program: 4%

- Railroads: 6% (mentioned by the author)

- Covid stimulus: 27%

- WW2 defense: 40%

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raincole ◴[18 Jul 25 21:18 UTC] No.44609942[source]▶

>>44609857 #

Yeah that's my first reaction to. 1.2% doesn't sound much. It's just people making headlines out of thin air. If it lists the water and energy consumption I might be more concerned.

Slightly off-topic, but ~9% of GDP is generated by "financial services" in the US. Personally I think it's a more alarming data point.

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linotype ◴[18 Jul 25 21:25 UTC] No.44610013[source]▶

>>44609942 #

https://youtu.be/HA1YKg_OLBw

Financial services makes the unrealistic consumption of rich countries possible. That’s worth 9%.

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UltraSane ◴[18 Jul 25 22:36 UTC] No.44610538[source]▶

>>44610013 #

How do they do that?

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dismalaf ◴[19 Jul 25 00:27 UTC] No.44611367[source]▶