'Big Short' Investor Expects AI Bubble Burst 'Sooner Than Later'
9 days ago by return2ozma to c/technology
When the normies are trying to invest in AI, they’re the last to invest and know to throw money at it
They are also the largest group by far. Doesn't really mean much aside from the fact that adoption is now widespread.
I don't think it's going to add up to a trillion dollars a year though, lol.
AI and the Enshittification Era w/ Cory Doctorow https://www.youtube.com/watch?v=-dAIJRjb-Bw
I don’t think it’s going to add up to a trillion dollars a year though, lol.
It will. The real question is - what will be the price of a loaf of bread in the multi-trillion dollar economy?
nope. their capex alone is going to destroy them, then their investors will realize they're all fucked and the real fun will begin
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I had a boomer normie ask me how to use AI to develop his new "business" website telling me that he didn't want to hire a developer if the developer would just use AI anyway.
This guy doesn't know what a router is, and was asking me for help trying to understand what the AI was telling him, and it was the most basic shit.
When the normies are trying to invest in AI, they're the last to invest and know to throw money at it. That was a big signal to me that the bubble is about to pop. Money is running out and the boomers are trying to get in on it.
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