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The AI bubble is so big it's propping up the US economy (for now)

⁨88⁩ ⁨likes⁩

Submitted ⁨⁨15⁩ ⁨hours⁩ ago⁩ by ⁨chobeat@lemmy.ml⁩ to ⁨technology@lemmy.zip⁩

https://www.bloodinthemachine.com/p/the-ai-bubble-is-so-big-its-propping

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  • Tollana1234567@lemmy.today ⁨6⁩ ⁨hours⁩ ago

    due to the massive layoffs they did, once AI/investors start asking for thier ROIs its going to crahs and burn all at once, like with crypto.

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  • Pistcow@lemmy.world ⁨15⁩ ⁨hours⁩ ago

    Whi doesn’t like a service that can pump out a B- term paper in about a minute. Can’t wait for the crash.

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    • shalafi@lemmy.world ⁨14⁩ ⁨hours⁩ ago

      This crash is going to make the dot.com bubble look like small beans. The kinda money behind this stunned me after reading the article. Still, might as well get it over with.

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      • Pistcow@lemmy.world ⁨7⁩ ⁨hours⁩ ago

        Ive lost track of how many crashes ago that was…

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    • ArbitraryValue@sh.itjust.works ⁨14⁩ ⁨hours⁩ ago

      Pumping out a B- paper means being able to replace the average college graduate.

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      • Catoblepas@piefed.blahaj.zone ⁨14⁩ ⁨hours⁩ ago

        So where is that happening? Because we’ve already got the B- papers, assuming no sources are checked.

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  • npdean@lemmy.today ⁨6⁩ ⁨hours⁩ ago

    Funny thing is that it is all happening in public view. Yet, the ones who will be burned will be the public. People are stupid with money and the market fucks everyone, eventually.

    I can see the posts when this stock bubble pops - blaming the Institutional investors, the rich and the government. Zero introspection or responsibility for smart investment.

    The economy, well, that is actually a fault of the government. But people will be too busy seething about the stock market to notice the economy dying.

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