• finitebanjo@piefed.world
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    2 days ago

    It would be hilarious to see these companies going balls deep into AI only to suffer massive losses and try to push those losses onto others

    if it weren’t so sad.

    • Cybersteel@lemmy.world
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      2 days ago

      They always do. Get bailed out by the government using taxpayers money. If it was truly capitalism they would be left to rot by the side of the road.

      • C1pher@lemmy.world
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        2 days ago

        When nVidias bet on AI collapses eventually, it will be catastrophic cascade of events, worse than the Great Depression.

        • finitebanjo@piefed.world
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          1 day ago

          I think the nVidia bubble is pretty inconsequential since they don’t actually produce anything which people rely on to live a normal life.

          If we do degrade that far it will be because of Republicans reigniting WWII fascism.

        • Someonelol@lemmy.dbzer0.com
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          2 days ago

          It’ll be as cathartic as it’ll be catastrophic. I’m personally looking forward to the devastation this folly will bring, if only to see PC parts makers come back to the consumer market with hat in hand.

          • MurrayL@lemmy.world
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            2 days ago

            Except there won’t be much of a consumer market to come back to, due to the aforementioned economic devastation.

            • anomnom@sh.itjust.works
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              1 day ago

              And they want us all in the cloud so they can control and see it all. Can’t do that if you can keep your data on the pc in your basement.