Reminder the USA's GDP has shrunk when you exclude their tech oligarchs circlejerking each other and giving up all pretense of competition, instead collectivizing and merging as one incestuous cartel brothel.The question only remains how many of your life savings and dollars will have their value wiped when the bubble bursts one day. It's not AI after all, just an LLM that is only as good as the real world data it can be trained on, because it cannot create anything new.And maybe that's the plan, blow up the civilian economy and have corporations unified with government own all the wealth, and use all that infrastructure to enact a complete realtime AI surveillance state the Stasi could only dream of.
>>520986290holy bubble
Both printing more money and raising market caps like this are the primary causes of inflation.
>>520986401But in this in this case it's even dumber, because they are literally just round tripping the same money in addition to printing more.
If AI turns out to be a bubble we're due for a big downwards market correction.