alt Hacker NewsI know it's going to be extremely painful, but the sooner this ridiculous unsustainable AI bubble pops the better off we'll be. The more it inflates the more collateral damage it will cause, and we're probably already looking at 2008 levels of financial chaos.
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jeremyjh • yesterday at 5:08 PM
What’s the feedback loop that leads to a total financial collapse? This looks much more like dotcom bubble. Everyone knows where the exposure is.
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There are probably multiple goals of AI investment. It's entirely possible that they are deliberately killing the affordability of how personal electronics like home computers are made and will instead replace them with terminals that stream everything to the cloud. You can make a lot more money off consumers if you can turn their entire computing experience into a utility.