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AI data-center spending overtakes U.S. housing investment for the first time

Mastodon post frames shift as "fully automated poverty capitalism"

2 Sep 20 11:22 PM · 5d ago · 2 posts · 2 sources · development 2 of 3

A Fosstodon user shared the Fortune report with a critical framing of the spending shift away from housing.

Mastodon post frames shift as "fully automated poverty capitalism"
fortune.com

“Fully automated poverty capitalism: "We’re seeing a pivotal shift in the US economy: investment is shifting away from residential investment and towards computers””

juanof9@fosstodon.org

Adam Shapiro VP, Federal Reserve Bank of San FranciscoScott BessentScott Bessent U.S. Treasury SecretaryS&P Global Ratings and research firmAlphabet (Google) Hyperscaler cited as example

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Peak 1 piece in two hours at Sep 20, 1 PM; 4 pieces over 6 days (1 article · 3 posts) Sep 20, 1 PM — 1 piece · 1 article — Newswires 1Sep 20, 3 PM — quietSep 20, 5 PM — quietSep 20, 7 PM — 1 piece · 1 post — Hacker News 1Sep 20, 9 PM — 1 piece · 1 post — Mastodon 1Sep 20, 11 PM — quietSep 21, 1 AM — quietSep 21, 3 AM — quietSep 21, 5 AM — quietSep 21, 7 AM — quietSep 21, 9 AM — 1 piece · 1 post — Bluesky 1Sep 21, 11 AM — quietSep 21, 1 PM — quietSep 21, 3 PM — quietSep 21, 5 PM — quietSep 21, 7 PM — quietSep 21, 9 PM — quietSep 21, 11 PM — quietSep 22, 1 AM — quietSep 22, 3 AM — quietSep 22, 5 AM — quietSep 22, 7 AM — quietSep 22, 9 AM — quietSep 22, 11 AM — quietSep 22, 1 PM — quietSep 22, 3 PM — quietSep 22, 5 PM — quietSep 22, 7 PM — quietSep 22, 9 PM — quietSep 22, 11 PM — quietSep 23, 1 AM — quietSep 23, 3 AM — quietSep 23, 5 AM — quietSep 23, 7 AM — quietSep 23, 9 AM — quietSep 23, 11 AM — quietSep 23, 1 PM — quietSep 23, 3 PM — quietSep 23, 5 PM — quietSep 23, 7 PM — quietSep 23, 9 PM — quietSep 23, 11 PM — quietSep 24, 1 AM — quietSep 24, 3 AM — quietSep 24, 5 AM — quietSep 24, 7 AM — quietSep 24, 9 AM — quietSep 24, 11 AM — quietSep 24, 1 PM — quietSep 24, 3 PM — quietSep 24, 5 PM — quietSep 24, 7 PM — quietSep 24, 9 PM — quietSep 24, 11 PM — quietYesterday, 1 AM — quietYesterday, 3 AM — quietYesterday, 5 AM — quietYesterday, 7 AM — quietYesterday, 9 AM — quietYesterday, 11 AM — quietYesterday, 1 PM — quietYesterday, 3 PM — quietYesterday, 5 PM — quietYesterday, 7 PM — quietYesterday, 9 PM — quietYesterday, 11 PM — quietToday, 1 AM — quietToday, 3 AM — quietToday, 5 AM — quietToday, 7 AM — quietToday, 9 AM — quietToday, 11 AM — quietToday, 1 PM — quiet 123
1Bessent notes AI firms borrowing…2Mastodon post frames shift as "fully…3Bluesky post amplifies data-center-vs-hous…
Sep 21Sep 22Sep 23Sep 24yesterdaynow · 2:29 PM ET

What people said 1 voice · verbatim

All 3 developments of AI data-center spending overtakes U.S. housing investment… →

NewswiresHacker NewsMastodonBluesky