I really get the feeling that the economy is being artificially propped up at the moment and the key event I suspect they're being propped up for is the midterm elections. Post election, I feel like the cracks will start to show and we'll start to get a correction which will lead to a crash, similar in size to 2008.
That's just my feeling and it isn't necessarily backed on too much but significant amounts of resources have been poured into "AI" and I really don't feel the payoffs are going to pan out. Once that becomes the mainstream view, everything built around it crumbles.
What are they going to do for cooling?
radiation
Radiation is the least efficient form of heat transfer. Those orbital data centers will cook themselves to death with their own heat, to say nothing of them receiving the full brunt of the sun's rays.
As an example- the ISS is capable of radiating 70kW of heat :
https://en.wikipedia.org/wiki/External_Active_Thermal_Control_System
Meanwhile, datacenters generate enough heat that they're measured in mW.
https://www.achrnews.com/articles/146987-data-centers-get-larger-hotter-making-them-attractive-sources-of-heat
Shh, don’t bring the laws of physics into an emotional argument!