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-bursting
There is no AI bubble, just like there is no housing bubble. It’s here to stay. This is the sad truth.
Replying to @Pratai@piefed.ca
Yeah dude, there was never a housing bubble and it never burst. Sure thing.
en.wikipedia.org/wiki/Subprime_mortgage_crisis
Some of us here are old enough to remember living through it.
en.wikipedia.orgSubprime mortgage crisis - WikipediaHow’s those houses priced for ya nowadays bud?
Replying to @Pratai@piefed.ca
My friend, I have never been in the market to buy a house so I literally could not tell you.
My friend let me tell ya. There still unaffordable. But who knows, I heard on the internet that the bubble might pop someday.
Replying to @Pratai@piefed.ca
2008 was nearly a decade ago. People will always need shelter. Is it really that surprising that the market recovered over the years?
But at what cost? Who owns those properties now? Private investment firms.