• WanderingThoughts@europe.pub
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    3 days ago

    Even more fun, the stock market is propped up by Nvidia and AI companies buying their chips. If AI crashes, it’s a new financial crisis. And if the market crashes, the layoffs at far were just a warmup.

    • Tollana1234567@lemmy.today
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      2 days ago

      they already laid off so many people, when it does crash, it will. do they expect the programmers/devs they dint fire to hold thier company over til thier next grift, with so little people.

      • WanderingThoughts@europe.pub
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        2 days ago

        They’ll expect that and in lot of cases fail, while China, India en EU will try buy everything for cents on the dollar. Then USA starts to lose its dominant position in digital services, what’s now a big part of the export. Or the government can panic and nationalize the whole sector. It’s not sure how things turn out, but it’ll be a weird time.