alt Hacker NewsI have seen a few YouTube Thumbnails declaring the bursting of the AI bubble. It feels like they are so desperate for it to happen that they are not prepared to wait a week or two to actually have some real data to work with.
It's not like people will forget that they were predicting it. If it is inevitable it will happen, if it isn't inevitable it still might happen. If it bounces back it still might happen six months down the track. Declaring it to have already happened seems reckless if your intention was to inform. We will know soon enough. I guess at least they have staked their credibility on something falsifiable. It won't make them retroactively less reckless if they turn out to be right but it'll make them seem particularly foolish if they are wrong.
Between it and the "next housing bubble" getting predicted I almost wonder if there's some kind of stock market psychology to bullheaded resistance in the face of "it will fail" predictions.
That on something big if you have enough people constantly predicting it's upcoming failure people just keep investing anyway keeping it going. Never really sure if something is on life support or not.