For those of you cheering for the AI bubble to pop…
AI investments now accounts for about 40% of the United States’ GDP growth in 2025, and AI companies are responsible for 80% of growth in American stocks.
…are you not scared shitless?
This is not the dotcom bust, and it’s far fucking worse than the 2008 housing crisis. And to think when I was young the Savings and Loan crisis was a big deal. We’re on the edge of Great Depression 2.0.
Nvidia announced that it would invest $100 billion into OpenAI, OpenAI announced that it would pay $300 billion to Oracle for computing power, and Oracle announced it would buy $40 billion worth of chips from Nvidia.
I can’t help but feel like we both just ate shit for nothing." “That’s not true”, responded the second economist. “We increased the GDP by $200!”
Except the way it actually works is Larry, Jensen, and Sam keep the money while the rest of us eat shit.
I could care less about the immediate “no” answer to the clickbait headline, but the real question posited by the article is “when is it going to stop, since it is clear that this is all hype and nothing more?”
How does one short this clearly impending financial disaster? Assuming that realistically it cannot go on forever, and that when it crashes it doesnt take the entire world economy with it. Although that is surely possible as well, in which case shorting anything would be a waste of time. But seriously, I dont see how more and more on wall street arent taking aim at the biggest hype bubble the world has ever seen
Also, secondly, why the fuck is Ted Cruz on stage in this photo?
Just remember, the market can remain irrational longer than you can remain solvent. Unless you happen to be a billionaire.
no.
Any article that asks a yes/no question is always ‘no.’
Look I’m ready to see people come to their senses about this “AI” crap, but the answer is no.