I work in finance (IT side) if the bubble is gonna burst all the ppl making money off of it haven’t got the memo and I trust their collective intelligence over this woman.
Good thing financiers have such a good track record of creating rational and sustainable markets. The Great Depression and 2008 will never happen again, collective intelligence when trying to earn all the money is the only sound basis of trust.
Basically the bubble IS the sentiment of the finance bro you are talking about.
If you work in IT, you are probably already aware that yes, AI could do a lot of shit, but it’s going to have serious downsides that might now be surmountable economically. Listen to the Tech Bros and they are promising the moon, surely you can tell they’re already have been running out of steam since GPT4 level. We’re not seeing 30% improvements, they’re fighting for single digit improvements in synthetic benchmarks.
We’ve seen this exhuberance before, history is absolutely littered with the corpse of the greedy money parasites who inflate the price of everything with their hype and try to get away with the bag before it all burns down.
When millions play chicken with a train it’s going to lead to a lot of “corrections” down the line, distortions and corrections that we are going to suffer from while they wisk away to their crypto bro bunkers leaving us to deal with their shit.
This is so predictable and obvious, our politicians “sleeping” at the wheel, paid off to look the other way, while they’ll get advance warning on their own gambles before it comes crashing down on us.
What a corrupt system, next time it fucks up, no bailout, these duckers can line up against the wall and their bunkers can get those 10 ton suppositories.
Because I’m not some money parasite who bets on other people failing ?
I think the stock market is an abomination and all those who participate are deeply immoral persons.
This includes me, as my pension fund is buying and encouraging this wretched, humanity churning planet destroying garbage.
There’s a difference between “AI is a bubble” and “The AI bubble will pop 2025-10-20 05h34:14.115” and “I can stay solvent longer than the market can stay irrationnal” etc… etc…
We can clearly see, the most stupidest people on the planet (gamblers) throwing money at things they don’t understand because of hype, FOMO and herd mentality, this happens REALLY often in history and even if I didn’t know way too much about how AI works, I could still point at this and say, wow, 90% of AI startup are going to crash and burn totally trying to blitzscale their impossible idea.
They’re all trying to use the crack uber business model with dotcom exhuberrance, there is no ending that doesn’t end in tears for MOST of us, even the innocent and uninvolved, they will take us all over the cliff with them and I hope we crucify the winners (thieves) before they disappear in their bunkers.
Until then we will also have to suffer incessant “OMG AI bubble gonna pop articles” EVERY WEEK until it does pop.
I work in finance (IT side) if the bubble is gonna burst all the ppl making money off of it haven’t got the memo and I trust their collective intelligence over this woman.
Good thing financiers have such a good track record of creating rational and sustainable markets. The Great Depression and 2008 will never happen again, collective intelligence when trying to earn all the money is the only sound basis of trust.
Also, fuck Sabine.
All the people making money off of it are trying to maximize profit, as always.
As soon as they see the downward trend they’ll dump.
Or sink.
Of which there’s no sign of. I agree it’s a bubble. I don’t see it popping yet in my day to day.
Basically the bubble IS the sentiment of the finance bro you are talking about.
If you work in IT, you are probably already aware that yes, AI could do a lot of shit, but it’s going to have serious downsides that might now be surmountable economically. Listen to the Tech Bros and they are promising the moon, surely you can tell they’re already have been running out of steam since GPT4 level. We’re not seeing 30% improvements, they’re fighting for single digit improvements in synthetic benchmarks.
We’ve seen this exhuberance before, history is absolutely littered with the corpse of the greedy money parasites who inflate the price of everything with their hype and try to get away with the bag before it all burns down.
When millions play chicken with a train it’s going to lead to a lot of “corrections” down the line, distortions and corrections that we are going to suffer from while they wisk away to their crypto bro bunkers leaving us to deal with their shit.
This is so predictable and obvious, our politicians “sleeping” at the wheel, paid off to look the other way, while they’ll get advance warning on their own gambles before it comes crashing down on us.
What a corrupt system, next time it fucks up, no bailout, these duckers can line up against the wall and their bunkers can get those 10 ton suppositories.
If you are so sure why aren’t you aiming to profit off of this certainty?
Because I’m not some money parasite who bets on other people failing ?
I think the stock market is an abomination and all those who participate are deeply immoral persons.
This includes me, as my pension fund is buying and encouraging this wretched, humanity churning planet destroying garbage.
Maybe be less certain of what is going on if that’s your take on the economy. Predicting when bubbles pop is neigh impossible.
There’s a difference between “AI is a bubble” and “The AI bubble will pop 2025-10-20 05h34:14.115” and “I can stay solvent longer than the market can stay irrationnal” etc… etc…
We can clearly see, the most stupidest people on the planet (gamblers) throwing money at things they don’t understand because of hype, FOMO and herd mentality, this happens REALLY often in history and even if I didn’t know way too much about how AI works, I could still point at this and say, wow, 90% of AI startup are going to crash and burn totally trying to blitzscale their impossible idea.
They’re all trying to use the crack uber business model with dotcom exhuberrance, there is no ending that doesn’t end in tears for MOST of us, even the innocent and uninvolved, they will take us all over the cliff with them and I hope we crucify the winners (thieves) before they disappear in their bunkers.
Until then we will also have to suffer incessant “OMG AI bubble gonna pop articles” EVERY WEEK until it does pop.