←back to thread

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

(www.ft.com)
114 points 1vuio0pswjnm7 | 1 comments | 02 Nov 25 05:33 UTC | HN request time: 0.202s | source
Show context
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.
replies(14): >>45788266 #>>45788321 #>>45788351 #>>45788376 #>>45788378 #>>45788389 #>>45788428 #>>45788457 #>>45788889 #>>45795181 #>>45795426 #>>45795997 #>>45796537 #>>45796623 #
kcaseg ◴[02 Nov 25 06:38 UTC] No.45788266[source]▶
Last time I commented something very similar thinking it was the least controversial no brainer thing and multiple people reacted as if it was some Leninist ragebait lol
replies(1): >>45788293 #
t0lo ◴[02 Nov 25 06:43 UTC] No.45788293[source]▶
Conditioning- America is a capitalist social experiment and I mean that literally
replies(3): >>45788381 #>>45792126 #>>45794961 #
senordevnyc ◴[03 Nov 25 01:14 UTC] No.45794961[source]▶
It's also one of the countries with the highest percentage of people who give to charity and volunteer, fwiw.
replies(1): >>45797253 #
1. piva00 ◴[03 Nov 25 09:22 UTC] No.45797253[source]▶
People in the USA have to volunteer to provide social services not provided by the government though, stuff like food banks which many other developed countries have services in place to take care of their citizens.

Charitable donations follow a similar pattern, the USA is a different system so not really comparable to some other developed countries which have public systems in place to cover these cases.