tl;dr: AI-related business lack any direct profit from AI, and AI serves them as nothing but a hype machine. I.E: SpaceX drains legitimate profit from the Starlink project to make itself into an AI business because it makes the company worth a trillion dollars in the stock market. Stocks, which are a means for an end for normal companies, are the actual end of AI business: their product is not the AI service, it is the stock valuation and marketcap they can get out of it — and selling their stock for actual money is the real business modelNormally, stock value is indeed not that important. That does not apply to AI. When it comes to AI, business is willing to take any amount of losses (SpaceX was made unprofitable so it could become an AI business ahead of the IPO because an useless AI porn lab is worth more in the stock market than Starlink and global internet plans). AI-related business will even finance their own clients to ridiculous lengths (Nvidea props up the entire clientele, and in return the clientele makes them the most valuable company on Earth through a circular financing scheme that is near 1:1 — because a perfect 1:1 scheme would be considered a financial crime, like Enron is guilty of).The entire scheme of AI is taking unbelievable financial losses in order to acquire the most hype, overvalue their stock, then sell it. The stock, not the plans you buy for Claude or ChatGPT, is the product that the company wants to sell. If they can get indexes that have pension fund money like NASDAQ and S&P500, these companies hit the jackpot, since everyone is forced to buy them, no matter if they don't believe the AI hype.So if the entire stock market is collapsing, the entire business model goes under. The promissed exit liquidity that'd come from the eventual IPO ceases to be expected.Either the USA saves the stock market by cutting interest rates tomorrow, or the AI dream (and 1/3 of the US economy) is over.
>>545694031Talk to me when it crashes 40k points until then it's a snooze fest
>>545694031>it's ok when Dems crash the market
I dont own stocks so I dont care
>>545694887Democrats didn't crash the market. Yesterday was the mid term rally. Losses were catastrophic today, pulled by Tesla and SpaceX. SpaceX has become a cancer for thr stock market, which went red as part of the negativity cascade because the 'buy Nvidea until the IPO' scheme is in danger.Democrats are innocent. Market is too leveraged and too unhinged right now.
>>545694945I don't own stocks but want to see speculative investors jumping from windows.
>>545694945You should.1/3 of the US economy and all of its growth comes from AI. AI developers are feeding the economy much needed cash, from real estate to computer parts and finance.You were almost transitioning out of capitalism, even. Profits were becoming completely irrelevant. And even retail discretionary stocks model was going obsolete, so people were forced to buy stocks through pensions and ETFs in general.It was the perfect bubble. Musk became a trillionaire wrecking a space company, so good was the scheme.
Elon and the AI techcels are the equivalent of incels to Democrat politicians. Especially how they’ve behaved the past two years. It’s gonna be personal to jail all the techcels. Money won’t get them far like other industries where they give ick vibes
>>545694031As a wageslave in a 100k/yr household, is this going to affect me within one month or six months?I've got twins on the way, I just need to make sure I can keep food on the table and a roof over my wife's head.If this only affects richfags then fuck em and fuck the AI bullshit.
>>545695305You don't want this.Your economy is terrible. You'd not even have GDP growth had it not been for the 1+ trillion dollars spent in AI investments.
Let them crash and die.Stock markets need to be forbidden.
>>545695395Depends in what the job is.As I told another anon, AI is keeping the lights on in the US economy, keeping finance, real estate and tech sectors up and running despite the war and growing poverty.
>>545695395Richfags (institutional investors, banks, etc.) will almost certainly be bailed out by-and-large.>how will it affect me?Prices will go up faster than normal. Wages will remain stagnant. Many jobs will not exist as companies will be less capable of paying employees etc. I don't know if you work in a job that might be affected so that's all I can say.
>>545695123>favela monkey talking about something he doesn't understand Ok so it is ok when Dems crash the market got it
>>545695410Explain to me why I don't want that?These pieces of shit have been poisoning, censoring, chastising and replacing the youth and they're defended by boomers fretting over their retirement portfolios.I want purification by fire.I'm willing to suffer for it.
>>545694031Stock value really only matters to those close to retirement or those who over leverage their bets so they lose everything if it drops % too much. AI is looking like an Enron scenario. Enron just lied on books saying 10 years of future contract payments in reality are all 10 years of potential profit earned this month. AI circle jerk financing isn't that. However the part of AI that is that is the deals with governments and creating shell companies that own the property the buildings are on. A lot of the debt that the big companies have from AI are hidden in these shell companies which is part of what is causing the instability however the real issue is impossible in scope to comprehend due to the shell company and LLC they hide everything behind.The AI scheme will be done after Anthropic and OpenAI IPO and have the final waves of initial investors able to exit their positions. Remember all it took were a few dozen muh AI hacking random websites to create the rally in them that started from July until now. And even with an awful past week it is still up YTD. They can just fake a few Russian cyberattacks being prevented by AI by dressing up some bullshit such as "adaptive AI controlled firewall stops Russian cyberattack 2 seconds after it begins" which in reality has been a feature of firewalls for years before AI was a thing. But the hype will cause normies to combine muh Russia with AI into a 15% rally. Once my current ETF dividends pay out for the quarter I will be exiting the positions regardless of where they are. I think the whole AI scheme is going to pop after the 2 pending IPO and I would prefer to be out before that happens even if I miss a 25% rally in the mean time.
>>545696313Why even have an IPO if the market cools? We might never even see the Anthropic IPO.
>>545694031>an AI generated novellearn to post or kill yourself
>>545697571So that the initial investors can exchange their investments for stocks that are set aside as a certain class level which "unlock" to be able to be sold over time. The initial investors are richfags and kikes. They will get their money out before a crash. Worst case if they go under then they are first in line to get money when the graphics card and assets are sold.
>>545694807okay see you next monday
>>545695410and AI is just regurgitating technology and code already developed by americans. Its really sad and ridiculous.
>>545698487>>545699022It is quite sad that the best these trillion dollar companies can develop is a tech that regurgitates code exchange and Reddit posts. Then the threaten americans that the tech will get them fired, so specialists enhance their market valuations amd Nvidia lets them get more free GPUs and RAM and real estate that should be going to americans.It must be incredibly humiliating.
>>545694031Our economy is a pile of fake bullshit. Overvalued tech stocks, bogus crypto investments, and an AI "revolution" that makes $0 in profit and racks up massive amounts of cap-ex. Corpos lie to shareholders and hide severe problems under trendy buzzwords. American money isn't made from any real production, it's just price gouging and moving money around creatively. When that shit is the backbone of the economy, it's a wonder that anything works at all.
>>545699903>Corpos lie to shareholders and hide severe problems under trendy buzzwords.It is very funny because it is true.You know why Sam Altman makes those schizophrenic evil interviews where he makes sure to tell americans that his tech will kill them all, will take their jobs, desrroy their environment, kill all the birds and take all real estate? It is exactly for the buzz, so they can show market valuators and say "look at this hype, man. When the IPO happens, these scared people will buy our shit like it is gonna be Google on steroids".It is all hype. Capitalism used to be about private ownership of the means of production. Now the means of production don't even need to produce anything, nor have the capacity to. Now it is about the appearance of production.When I brought this up in a previous thread, an anon suggested that we should call this new economic system 'satanism'.He is probably correct.
We use ai at my job and it is total fucking useless dogshit. Chat gpt is far better than anything used at work. We have so many internet connected devices at this point we lose important packets containing compliance logs and it's such a joke. Add aws SSO with Microsoft 365 on windows 11 and you have a total cluster fuck commonly requiring you to log in twice when it fails. Every "streamlined" new app is a downgrade because the coding is so terrible.
>Democrats win>stock market crashes
>>545695489Hans is right, our economy shouldn't be based on boomers gambling.
>>545702050>democrats win>jews lose their valuation and fraudscope tranny
>>545695395This theme keeps getting repeated about rich fags. I understand for the most part, but here's the counterpoint: richfags are the only ones spending money right now. Likely because of their AI profits. Now if they stop buying shit, money velocity goes down, you'll have a real real issue. Just think about it. You can call me a richfag too, most of my money is in Singapore, I think the west is dead until it starts culling jews, jeets and niggers.
>>545696313holy fucking blog post
>>545699903>ourfucking retard
>>545702176>>545703111
