Happily anticipating the AI crash.
It’s getting closer. We keep getting dotcom bust parallels. We saw the desperation superbowl ads following private investor funding dry up, we’re on to IPO to cover that gap, and spacex has demonstrated the writing on the wall for public market investors, that AI stocks will plummet. Probably even further once insiders are allowed to sell. Combining trying to pay your employees in stock, which is worthless by compounding forces of big stock generation, lack of investors, and attempting to reduce costs by taking advantage of stock value, it’s 2001 all over again soon
It won’t ALL burn and they’ll be able to buy up what they want.
This bubble will burst. Will the burst be a loud boom or a soft whoosh? That’s the part that people are trying to figure out.
Yeah
Unless it takes off like the ai companies hope… it still several years off. Wonder how big this bubble will be.
so far 1.6trillion, that we know of https://asia.nikkei.com/business/technology/five-us-tech-giants-hidden-debts-soar-to-1.65tn-on-opaque-ai-funding
Plus the 1.3T that the companies are actually reporting. Plus the equity value wipeout that could easily add another couple trillion on top of that. Plus the hundreds of billions of dollars in public wealth that will be burned in government handouts and subsidies to try and “soften the landing” (read: provide golden parachutes). It’s gonna be a heck of a pop
the entire AI bubble is a result of everybody running out of hypergrowth ideas, mostly because we’re flat out of new interfaces
https://lemmy.blahaj.zone/post/45893466
Everyone will have forgotten Vision Pro by the time it’s ready
I like my vision pros.
