When you see all the top start-ups are all “we do this, but AI”, it’s obvious we are in a bubble.
AI is buying billions on credit, backed by no equity.
I’m unemployed (thanks, AI), but I’m going to spend half of my savings on shorting the stock. go big, or file for bankruptcy.
If the bubble lasts long enough OpenAI may go bankrupt in mid-2027.
Which will take down the US economy much harder than 2008, much closer to 1929.
Shows how we learned exactly fuck all in 100 years.
What’s his face did say he wants a quadrillion $ to make his crap profitable.
Won’t happen as long as the capitalist pigs keep feeding it billions of dollars in funding.
That is my main fear right now. That the oligarchs will prop up ai and it will never fail, the economy will just continue to stagnate for decades
Now that the U.S. government is involved, they will be getting bailouts like the big banks if they fail.