Is the AI bubble close to bursting?
>>106829031It's abatakam.
>>106829031am i dumb if i don't get this
And then Bernanke said, "I'll give you $200 to eat that pile of bull shit!"
God, I wish. Unfortunately, we're probably at least a decade of irreparable environmental damage, soaring electricity bills, and plummeting intelligence out.
The Singularity will happen before the bubble pops. When that happens Economics will become obsolete.
two more weeks
Will it burst before Altman gets funding for his dyson sphere?
>>106829186and then i say, with shit smeared all over my face, "aww dang it i should've waited!"
>Without Data Centers, GDP Growth Was 0.1% in the First Half of 2025, Harvard Economist SaysUh, amerisisters..
>>106829031They try to hide it with bunch of benchmarks (to buy more time) but it stagnated to the point new versions are getting worse.
>farmer grows wheat>sends wheat to Mill>mill sends flour to bakery>farmer and mill buys bread from bakerywhen will this pop?
>>106831617
>>106831617The difference is that wheat->flour->bread is a not only a transformation but an act of creating value, actual value because bread feeds the farmer, the miller and the baker, and many other people, perpetuating the creation of Value.The problem is that AI and Data Centers do not create nowhere near the amounts of value that its surge and explosive growth requires, that is, the economy has turned to feeding this bubble in the name of speculation, finance capital and just investments in general. The problem is that the "perceived value" of such an industry comes from people thinking it will be worth more and more, yet, AI has pretty much no actual economic value.The resulting gap in the market's perception of Data Centers and AI investments, and its actual contributions to the economy grows each day, funneling money into an industry that will feed no one.
>>106829031It's too much of a national security issue so the government and "market makers" are going to collude to prop it up for as long as possible or at least until they figure out an exit strategy. If the AI bubble bursts it probably means major civil unrest, riots, etc.
>>106829031hopefully
>>106831617Except your example is predicated on creating actual, tangible value. Stock market today and its companies' 'evaluation' is basically bullshit generated out of thin air. AI doesn't create any value, they provide a service, service that may or may not work for other businesses or people. In this case it's basically a bubble where AI companies evaluation is pumped because (((the market))) believes they will create some value/be profitable at some point.