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return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 17 hours ago

It Appears That the AI Bubble Has Just Burst in China

futurism.com

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It Appears That the AI Bubble Has Just Burst in China

futurism.com

return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 17 hours ago
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Media reports argue that the AI bubble in China is already bursting, with AI stocks losing nearly half a trillion in the past few months.
  • OnyxRex@lemmy.dbzer0.com
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    17 hours ago

    can you clarify what energy the US is exporting?

    • bandanawearingbanana@lemmy.world
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      6 hours ago

      The US is the largest exporter of Natural Gas on earth. and Top 3 for oil, like other Lemmings mentioned.

    • Whirlygirl9@kbin.earth
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      17 hours ago

      despair

    • just2look@lemmy.zip
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      16 hours ago

      The US frequently exports light crude oil at a premium while purchasing heavy crude for less. The refineries in the US are largely set up for heavy crude, so it works out and nets a high profit for oil companies.

    • UnderpantsWeevil@lemmy.world
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      16 hours ago

      The United States is a major energy exporter and importer, especially for petroleum

    • RumRunningDevil@lemmy.zip
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      16 hours ago

      Not sure about the person you responded to’s specific context but the US sells energy on energy markets. Primarily to neighbors.

      Source, currently interviewing for a major ISO and have had to learn this shit

    • AzuranAurora@piefed.ca
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      16 hours ago

      Colonialism and hate.

    • SeeMarkFly@lemmy.ml
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      14 hours ago

      Debt

      We’re damn good at it too.

      Millionaires trade it like baseball cards.

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