We need some massive breakthroughs in AI efficiency soon or we’re going to literally run out of RAM manufacturing capacity for all the things. The situation is so bad that in no time at all you’re likely to be put on a six-month waiting list to buy a new PC/laptop or mobile phone.
How long do you think this bubble can last realistically? I give it another year tops given that we’re already seeing bubble discussion entering mainstream media. That’s a clear sign that we’ve now reached the peak, and that investors are starting to get cold feet. Given that the whole thing runs on free money, investors losing confidence is going to mean the whole house of cards will start coming down.
I doubt the bubble will burst because of logistical issues. There’s money to be made. More manufacturing and fabrication will be built. Scarcity pressures drive capitalist incentives and novel technologies will be built and investments will be made.
The bubble bursting will be from the total lack of value contributed to the economy by the a.i. projects. This will effect tech stocks, which dominate the stock market. However, if this process releases capital reserves into the economy it will have the effect of creating more consumer spending and there will be a counter balancing effect.
The real problem is ultimately that there aren’t enough jobs being created by all this activity to counteract all the job loss that’s happening. This can be papered over for a little while by having higher than average salaries being created as part of chasing this bubble, but that won’t last too long.
In the end, the bubble bursting will a financial event, not a social one. Many people will get financially hurt. Many institutions will get bailed out. These things are all merely the sharpening of contradictions. The bubble bursting will not cause a collapse directly. It’s when the contradictions become unsustainable that the collapse happens. It’s possible this financial event will push contradictions past that point, but it is impossible to tell.
We need some massive breakthroughs in AI efficiency soon or we’re going to literally run out of RAM manufacturing capacity for all the things. The situation is so bad that in no time at all you’re likely to be put on a six-month waiting list to buy a new PC/laptop or mobile phone.
Turns out brute forcing isn’t sustainable
How long do you think this bubble can last realistically? I give it another year tops given that we’re already seeing bubble discussion entering mainstream media. That’s a clear sign that we’ve now reached the peak, and that investors are starting to get cold feet. Given that the whole thing runs on free money, investors losing confidence is going to mean the whole house of cards will start coming down.
I doubt the bubble will burst because of logistical issues. There’s money to be made. More manufacturing and fabrication will be built. Scarcity pressures drive capitalist incentives and novel technologies will be built and investments will be made.
The bubble bursting will be from the total lack of value contributed to the economy by the a.i. projects. This will effect tech stocks, which dominate the stock market. However, if this process releases capital reserves into the economy it will have the effect of creating more consumer spending and there will be a counter balancing effect.
The real problem is ultimately that there aren’t enough jobs being created by all this activity to counteract all the job loss that’s happening. This can be papered over for a little while by having higher than average salaries being created as part of chasing this bubble, but that won’t last too long.
In the end, the bubble bursting will a financial event, not a social one. Many people will get financially hurt. Many institutions will get bailed out. These things are all merely the sharpening of contradictions. The bubble bursting will not cause a collapse directly. It’s when the contradictions become unsustainable that the collapse happens. It’s possible this financial event will push contradictions past that point, but it is impossible to tell.