this post was submitted on 22 Mar 2026
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82
How the Iran war could derail the AI boom (www.ft.com)
submitted 5 hours ago* (last edited 5 hours ago) by staircase@programming.dev to c/technology@lemmy.world
20 comments fedilink hide all child comments
 

Samsung, SK Hynix, and TSMC depend on oil, gas, helium, sulphur, and bromine coming from the region, or through the Strait of Hormuz.

Marko Papic, chief strategist at BCA Research ... predicts a severe hit to chip production if the strait isn’t back in operation within a month.

Could mean higher PC component prices, or even a halt in production. Could mean global recession.

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[–] green_goglin@thelemmy.club 60 points 4 hours ago (2 children)

There is no “AI Boom”. It’s merely a manufactured narrative.

[–] Pricklesthemagicfish@reddthat.com 28 points 3 hours ago (1 children)

Ai rug pull bubble brought to you by crypto scam coin

[–] green_goglin@thelemmy.club 4 points 3 hours ago* (last edited 3 hours ago)

Systemic contagion: Every dollar invested is levered to the tits.

[–] staircase@programming.dev 11 points 4 hours ago* (last edited 4 hours ago) (1 children)

AI boom is a poor choice of words, even though it's intentional. And I don't believe the article's starting paragraph

For more than three years, AI has propped up global trade and investment and pushed stock markets from the US to Asia to record highs.

However, there is a boom in investment in AI, whether that actually yields anything or not. I read the article as meaning derailing that.

The consequences outlined in the rest of the article look to be agnostic to productivity

[–] 1984@lemmy.today 1 points 40 minutes ago* (last edited 37 minutes ago)

Huge datacenters being built everywhere taking as much power and water as entire cities. Its the foundation of our dystopia thats being built.

You can only imagine what kind of money these data centers are going to be making when the entire world depends on them to watch humanity, control robots, drones, cameras with real time AI analytics, vehicle control and monitoring, and so on.

Big tech is planning ahead. So I know they are talking about AI but its a lot more. The cant really say what they are investing all the money for. But its not hard to figure out.