Facebook is spending $1 billion for a building that no one will work in
The Commonwealth of Virginia celebrated on Thursday with the announcement that Facebook would be investing $1 billion to build a massive, new facility in the state.
There's a catch. Facebook's building will be a data center—and it will require almost no people to operate.
The project will mean plenty of money spent on construction and then 100 jobs in the data center afterward.
Let that sink in. Facebook's $1 billion will go to a gigantic building where just 100 people work. That's $10 million per job created. These data centers are key to Facebook's future, but they require almost no people, which is kind of the entire point with tech these days. Less people and more machines generally mean more profit. Read more...
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Facebook is spending $1 billion for a building that no one will work in
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Friday, October 06, 2017
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