It‘s funny. The people who betted against the housing bubble knew 2006 would be the year where none of this was sustainable anymore. The bubble burst in 2008 and they had to take several loans to finance their bet. Despite it being obvious to us now and a few insiders back then, that bet was highly risky because you never know who might help the market go down a self destructive path for how long. Even when everyone already knows it‘s a bubble they might spend a $trillion more just to keep up the illusion. The government will bail them out anyway, right? So why not take the entire economy down with them?
Define bubble in this context and lets see if it still applies to something that has persisted despite overwhelming claims it is a bubble about to pop.
Truly at this point it just seems calling the AI industry a bubble is trying to be mean rather than making an observation. You aren’t going to hurt an industries feelings you should instead be factual.
Bubbles pop, this is something else. Feel free to be self righteous but if you are just regurgitating something you think is insulting and because you want it to be true you are a fuckwit.
Waiting for the “waiting for ai bubble to pop” bubble to pop at this point.
It‘s funny. The people who betted against the housing bubble knew 2006 would be the year where none of this was sustainable anymore. The bubble burst in 2008 and they had to take several loans to finance their bet. Despite it being obvious to us now and a few insiders back then, that bet was highly risky because you never know who might help the market go down a self destructive path for how long. Even when everyone already knows it‘s a bubble they might spend a $trillion more just to keep up the illusion. The government will bail them out anyway, right? So why not take the entire economy down with them?
Define bubble in this context and lets see if it still applies to something that has persisted despite overwhelming claims it is a bubble about to pop.
Truly at this point it just seems calling the AI industry a bubble is trying to be mean rather than making an observation. You aren’t going to hurt an industries feelings you should instead be factual.
Bubbles pop, this is something else. Feel free to be self righteous but if you are just regurgitating something you think is insulting and because you want it to be true you are a fuckwit.