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posted in Technology

return2ozma@return2ozma@lemmy.world
⁨12⁩d

'Big Short' Investor Expects AI Bubble Burst 'Sooner Than Later'

gizmodo.com/big-short-investor-expects-ai-bubble-burst-sooner-than-later-2000818889
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Mulligrubs@Mulligrubs@lemmy.world
edited⁨11⁩d

Replying to @⁨return2ozma@lemmy.world⁩

It’s a safe bet.

The bubble will burst, that’s our boom-bust cycle. I think we’re at the point where it is always a few bad decisions away.

I’m actually impressed that it’s still going

Coincidentally, The FED was made to stop boom-bust cycles before WWI. It’s never, ever worked, and it will never start working.

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87Six@87Six@lemmy.zip
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Replying to @⁨Mulligrubs@lemmy.world⁩

Can you tell us what the FED is? The Federal Reserve?

⁨Oct⁩ ⁨4⁩, ⁨2026⁩, ⁨21:39⁩en
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Jeffool @Jeffool@lemmy.world
⁨11⁩d

Replying to @⁨87Six@lemmy.zip⁩

Yeah, that’s another term for the Federal Reserve.

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