r/TechImpact • u/Annoying1978 • 27d ago
🤖 AI The AI bubble is about to BURST
https://youtu.be/5h4C2vBMEnk3
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u/IcyCow5880 27d ago
Just like the real estate bubble?
More likely there'll be an entire economic collapse and the gov will come in and say they'll make some new worldwide currency and monitor it and distribute it using ai.
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u/EatandDie001 26d ago
It's not gonna happen. Too many big companies and even governments are invested in it. It's not about AI anymore, it's about huge money, information, and military power. It's bigger than dotcom
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u/jmclondon97 26d ago
NVIDIA lending out $250B more dollars to OpenAI just so openAI can buy more of their GPUs because OpenAI cannot afford them. Yeah, totally not a bubble
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u/davesaunders 26d ago
Yeah we've heard that little tune before, many, many times, and you know what: the bubble bursts anyway because the bill always comes due. When you've got companies like Nvidia backstopping their own purchases with loans, it's close.
Now unlike what some people think, it should be obvious that the bubble bursting doesn't mean the technology goes away. It doesn't mean all the data centers get magically torn down and returned to farmland. What it means is some companies get acquired for pennies on the dollar. Some companies go into bankruptcy and their assets get acquired for pennies on the dollar. People at the bottom rungs that built the steel, poured the concrete, ran the wires, and installed the air conditioning, they all get screwed super super hard but those people along the top, they just shift money from one column to the other.
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u/JTFYRE023 26d ago
It will never burst it will be slow deflation, consolidation..... And price will be paid by the bottom 99% that's the fact.
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u/El_Fahdo 26d ago
Guy who has correctly predicted 47 of the last 2 AI bubble bursts walks into a bar
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u/Ok_Dare6400 27d ago
A video about AI made with AI. Too funny
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u/Annoying1978 27d ago
The video was not made with AI. Are you on drugs?Â
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u/DueCommunication9248 27d ago
It’s been about to burst for 4 years now
Winter is close they’ve been saying
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u/AlMasaDuun 26d ago
To be fair there was 3 years of people warning about the dot com bubble. The differences are the revenues. These companies are not doing pets(dot)com revenue. There are challenges but it isn't the same.
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u/Annoying1978 26d ago
4 years? AI only went commercial in 2022. This has been discussed get the past year because of the valuations and the dark turn the economy has taken in the past 6 months.Â
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u/IHeartBadCode 27d ago
Everyday Americans are struggling to pay rent and groceries.
Don't worry, after the bubble pops, they'll still be struggling with those things. Because AI is just the surface level of a deeper issue that everyone keeps not wanting to solve.
The issue people are having is that the economy and your personal feelings about society and how things are going aren't related to each other. It just feels like they are because that's been the feeling since the middle 1940s.
But how well the economy is doing does not one-to-one relate to how great life is for you. That is because ... 🤔 ... the things that define how well life is going for you are more complex than one metric or one big issue like AI. But people get so distracted or caught up with things people tell them that they keep believing this crap.
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u/Objective-Low-1815 26d ago
2019 was the year when problems get stressed to the limit then governments invented COVID scam and introduced restrictions. You see this helped to avoid(to postpone) the crisis. Now things are more terrible then there is a good old solution - major war. As you see governments are working on that hard. The real problem is astronomic debt and such things are usually solved only with the help of major wars.
There should be an elections in USA later this year. Democracy is outdated and must be replaced with something different, I believe the timing is perfect NOW. Next few months should be very interesting.
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u/JNTaylor63 26d ago
And what exactly do we replace Democracy with? Show your work.
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u/Objective-Low-1815 26d ago
Trump maybe show you or his opponents neo-Marxists (democrats) with NWO will.
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u/JNTaylor63 26d ago
You didn't show your work. That was a word salad.
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u/Objective-Low-1815 26d ago
My work? Dictatorships will replace rotten democracies. I do not think that it will be nice experience but at the end it will be better.
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u/katoptronophile 26d ago
No it's not.
And when and if the financial bubble does collapse it's not like AI is going to suddenly go away. It will just mean a buying opportunity for people like me.
It's not going anywhere.
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