cross-posted from: https://lemmy.world/post/43533515

When will we simply accept that it’s a bubble and move on, instead of pouring a relentless amount of resources into it.

  • Canaconda@lemmy.ca
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    7 hours ago

    Sure it will burst, companies will go bankrupt, millions of peoples retirement savings will disappear, and many will suffer /die from the economic aftershock…

    BUT

    The rich will have already realized their dividends / capital gains

    The rich will have already purchased the land / property

    The rich will already have the data centers / ram / AI

    They rich will have their assets and eat ours to

    The whole system is a kleptocracy and the AI bubble bursting will make late stage capitalism worse not better.

      • Canaconda@lemmy.ca
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        5 hours ago

        You may or may not be surprised by how many people call me an AI shill for acknowledging that.

        • T00l_shed@lemmy.world
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          5 hours ago

          I am surprised, I mean fuck AI entirely, but how could it get better? Us plebs will just get more fucked over