so that’s a 70% downwards revision… but sure, iT’S nOt a buBBle!!
The problem is every CEO knows it’s a bubble, and all are just trying to kick the can down the road long enough they can get out with their money before it bursts.
Everyone knows it’s going to happen. But to admit it would be career suicide, with the amount of money at stake for so many people, it might legit cost them their lives if they’re honest.
Trillions and trillions of dollars that could disappear in the blink of an eye when stock prices hit zero.
And when the big ones go to zero, there’s a very good chance it crashes everything because a few megacorps own everything.
Ironically the real apocalypse AI is likely to cause, is some kind of Mad Max situation after the bubble bursts. Especially in America where necessary infrastructure like food supply is run by private mega corps, if grocery stores are empty for two weeks shit gets insane quick.
which is why a functioning government should keep this thinly veiled casino in check… but they are not and we will all pay for it
Silver lining: it’s gonna get bad enough we can start nationalizing shit as early as 2029 like FDR did after the great depression.
If a candidate said:
There should be no utilities monoplies by for profit companies
Fucking 99.99% of voters would listen to anything else they had to say.
There’s so many things that need fixed that everyone agrees on, we just haven’t had a candidate free of corporate influence.
But the next Dem primary is a better shot than we’ve ever had. We just need to make sure as many people as possible vote in the primary.
Fucking 99.99% of voters would listen to anything else they had to say.
After electing the orange pedo menace TWICE into office, I sincerely doubt this
Yeah, they’re really not taking into consideration how effective the propaganda has been over the past 10 years or so. It’s frightening that you literally cannot convince people with facts and logic at this point, and it truly feels unwinnable.
I dont really want to nationalize anything for the next Trump to be in charge of
So leave it with the oligarchs who are actively brining trump to make it worse?
What the fuck kind of learned helplessness is this?
Yeah they beat and starve us, but if we stop them from doing it someone might show up and if we let them they’d beat and starve us to!!!
Like, fucking newsflash man:
This is a continual fight, and boomers acting like it wasn’t is why shit is like it is today. No matter what happens this fight never stops
There are in fact othet options besides oligrarchs/capitalists and the state.
A lot of the electrical grid is actually cooperativly owned. A majority of coverage actually.
A lot of the electrical grid is actually cooperativly owned
Sure, if you care about miles of wire and not customers, it sounds huge…
But anyone who hears that should be able to quickly figure out why it’s not relevant
Bubbles don’t burst for rational reasons. They burst because the lie can’t be held together any more.
You know NVIDIA is in trouble when Jensen ditches the stupid leather jackets for a suit and tie. The bubble can’t burst soon enough.
In the mean time, people are trying to buy bread and pay for electricity. Nice.
Can ram prices go down then?
I wonder whether we’ll see some of the networking etc. gear on eBay.
Ram it down! By Judas Priest!
Best album ever.
/Sorry!
Ram by Paul McCartney is good too!
Heh. I asked at work what the plan was when these companies go bankrupt in the next 6 months.
“We figure it out when we get to it.”
Hahahahahahahahahaha. We’re so fucked when this bubble bursts.
This is the equivalent of playing “I’m not touching you” with a lit match and the skin of the Hindenburg.
🫧🫧🫧🪡
Gamer’s nexus segment on this is kinda funny
Does he say the same word over and over in a run on sentence to be purposefully confusing for effect? It’s his favorite bit to do. Bubble bubble bubble.
I’m guessing based on the downvotes, he does.
This makes me happy, it sounds like it’s only a matter of time until this ridiculous company crashes and burns. Hopefully when that inevitably happens they’ll have to sell of their ill-gotten RAM surplus that they bought with fake money for pennies on the dollar to pay off their debts.
