Is There an A.I. Bubble? A Debate.

…Because one of the things that we, you know, that we don't really talk about much is that a huge data center might employ very, very few people indeed. I mean, [Datacenters] may be billions of dollars, but it's a handful of jobs, which is not crazy, like two to six people for a multi-billion dollar facility. And if you do the math [...] I was doing looking at one in New Mexico recently, it's four million dollars in terms of subsidies per job created, leaving aside the cost of the center, if you look at the tax abatements, and the required improvements to, you know, local utilities, the numbers are insane. So, so…