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Completely agree. I would ask also what “infrastructure” the dotcom bubble created?

Data centers and fiber optic connections across the world.

They’re referring to this: https://en.wikipedia.org/wiki/Dark_fibre

I wouldn't call that wasted yet. It's just latent. Someone has to invent the startup that uses dark fibre maps to figure out exactly how far away one can build a house away from civilization and still have a 1000 MB/s connection.

But the large majority of this was created after the bubble bursted, no?

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