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@lilithsaintcrow @cstross energy companies are definitely getting a big chunk + Nvidia shareholders got a big chunk + the chip factory owners are getting a big chunk. So a lot of that money is definitely going abroad: I think Taiwan & China build the majority of the hardware; it's increasing the demand for oil & gas, so oil & gas producers worldwide as well as wherever the data centers are. Some of it goes into the SF Bay Area economy for sure in employee & manager salaries - but a lot of that is also going into index funds etc.
Overall it's going into destroying the climate, increasing inequality and escalating political corruption.