12 April 2026 - positive returns

Why are the AI companies racing at warp speed, or as close as they can get, to build trillions of dollars worth of data centers? It is because of Silicon Valley's theory of profit. They believe in "positive returns to scale," or in other words, the biggest will become the richest. Google crowded out the other search engines; they all want to be the one to crowd out others. They don't mind leaving a halo of millionaires behind like globular clusters, as long as they can create a nucleus of billionaires.