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Meta readies $25B bond sale as soaring AI costs trigger stock sell-off

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114 points 1vuio0pswjnm7 | 1 comments | 02 Nov 25 05:33 UTC | HN request time: 0.214s | source
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asim ◴[02 Nov 25 06:34 UTC] No.45788244[source]▶
Tens of billions spent on AI data centers. But people still starve across the planet. Amazing.
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anon291 ◴[02 Nov 25 07:03 UTC] No.45788376[source]▶
People in other countries starve because the people in charge of them are evil not because the people with resources lack benevolence. If you've ever tried to do charity in a foreign country with a foreign culture and language you would be aware of the issues. No amount of outside money in the world could fix these problems. In fact they will make it worse. People need to grow up.

In the United States, starvation doesn't exist so we've expanded the definition to include more people because we really care to feed people. If you've been to countries where actual starvation is a possibility, you'd understand. So tired of this self hating unaware self flagellation.

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bombcar ◴[02 Nov 25 07:06 UTC] No.45788392[source]▶
This is seen in that starvation is effectively solved in the USa (and now runs the other direction; the poor in the US often tend toward obesity instead of starvation).

The “solution” to countries with starvation today is likely massive full-scale invasion and domination; something the modern world doesn’t have an appetite for.

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1. mmooss ◴[03 Nov 25 05:50 UTC] No.45796214[source]▶
Can you give an example of that working? The fact is that the 'modern world' - at least before recent phenomena - created by far the greatest expansion of freedom and prosperity, and greatest reduction in poverty, in human history. Way, way beyond anything else, including colonial eras.

Also, when ideas like yours are tried, it turns out that power corrupts and absolute power corrupts absolutely, and powers - including the US - serve their own interests. How could you imagine otherwise at this point?

And without democracy, they can't help it - self-determination provides better outcomes because the people who are subject to the 'help' have a seat at the table and they have power. The issues that others dismiss or make secondary (or tertiary) are the ones the self-determined people can insist on in a democracy.

> modern world doesn’t have an appetite for

It's not a lack of appetite, it's counter to our goals of freedom and self-determination, and all experience of prosperity.