Replying to @⁨qImPMgxRpOZiUbxz4hWq@lemmy.world⁩

Can we just observe what a bizarre fucking moment we are living in?

Everyone knows the collapse of the AI bubble is imminent and most of those people know it’s going to be the proximal trigger for a global financial collapse and at the very least a long recession.

Everyone knows except the people who are investing billions of dollars into AI and their press.

Replying to @⁨nullPointer@programming.dev⁩

I don’t think that’s really the same. Not being left with the bag means you know already know the bag is empty and pass it on to someone else before they realize it’s empty. Like a pump and dump scheme.

That’s not what these companies are doing. They’re not trying to leave investors holding the empty bag. They are legitimately trying to turn profitable and corner the market.

en