posted in Technology
Mainstream News Anchors Now Talking About the AI Bubble Bursting at Any Moment: "I think the entire AI boom is investing in the wrong future."
futurism.com/future-society/mainstream-news-anchors-bloomberg-tv-ai-bubble-burstingposted in Technology
Mainstream News Anchors Now Talking About the AI Bubble Bursting at Any Moment: "I think the entire AI boom is investing in the wrong future."
futurism.com/future-society/mainstream-news-anchors-bloomberg-tv-ai-bubble-burstingReplying to @eicker@lemmy.world
Nephew calling a 1.25% drop a “tailspin”.
Look up the Flash Crash sometime, that is NOTHING.
Replying to @eestileib@sh.itjust.works
I’d suggest that the 1929 stock market crash get an entire unit in elementary school, High school, and every economics course in college. Do the same for the 89’ crash and the Dot com Bubble. Really drill it into these young entrepreneurs how Speculating in the stock market NEVER EVER leads to anything good. It’s a Faustian bargain. The consequences WILL arrive; not a matter of “if” but “when.”
Replying to @TheStaffmaster@lemmy.world
Not sure about never. I did very well from my Amazon stock at $25
Replying to @Tabooki2@lemmy.world
Yeah I have done pretty well too, but the music box is winding down at this very moment.
Replying to @eestileib@sh.itjust.works
this is what I’m saying. You may make a fortune but it will always be dependant on a house of cards built on shifting sands.