Well, all we need is for the AI companies to jump from where they are now to AGI! It’ll be fine, I’m sure!
the part I like about this is that now people are losing their jobs to AI, but soon people are going to be losing their jobs because AI can’t do jobs
I think the difference here is that in both of those previous crashes, the entire market was involved. For AI, only a small number of companies have the resources to really get involved. If this collapses, most people will shrug and go back to whatever they were doing.
Not sure I agree.
First, stocks tend to be highly correlated with “the market” (see financial “β”/“beta coefficient”). For example, look at, say, The Home Depot or Ford Motors. From January 2000 to January 2003 (spanning the dot com bubble) they each lost about a third of their value, yet these are not “dot com”-centric companies.
Second, the promise of AI is that it will help every company that has desk jobs. So every company has this expectation now priced into their stock, and if the bottom falls out, well…
Not an analyst/I don’t pick stocks, but just my 2¢.
This is true. The 2008 crisis was about banks. Banks are linked to everything. Most companies aren’t that deep into an AI transition. They can still shrug it off and go back to what they were doing.
The big tech companies are fucked. The Saudis who just bought EA are fucked (their plan was to reduce costs by making games with a lot of AI tools). Nvidia is really fucked. The rest? They may have to reverse some plans, but they can shrug it off.
Can’t wait to buy an H200 at a foreclosure auction for $150.
The wind that’d put into the sails of the gaming industry…
Right where my mind went too
Show companies that they don’t need to fear bubble bursts, and they’re make bigger bubbles.
We’d have been better off letting the 08 crash eat all the corporations. Instead we gave them the money they used to buy up finate resources we have to rent from them.
Socialism for the rich, brutalist capitalism for everyone else.
Well I mean that’s what conservatives do. They talk loudly and then lie behind the scenes.
Can we sell short on server prices?
I think it’s a bit complex to pull off a good short and timing is important. I’m surprised that there hasn’t been an online service that specializes in making short sells more available to more small fry investors. I think it’s really a rich person’s playing field.
Bullshit… Trump is ass rapping Wallstreet, there is no bubble .
