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  1. Embed this notice
    nixCraft 🐧 (nixcraft@mastodon.social)'s status on Sunday, 28-Sep-2025 04:52:19 JST nixCraft 🐧 nixCraft 🐧

    The AI bubble is the only thing keeping the US economy together, Deutsche Bank warns: When the bubble bursts, reality will hit far harder than anyone expects https://www.techspot.com/news/109626-ai-bubble-only-thing-keeping-us-economy-together.html

    #ai

    In conversation about 3 months ago from mastodon.social permalink

    Attachments


    • Doughnut Lollipop 【記録係】:blobfoxgooglymlem: and snacks repeated this.
    • Embed this notice
      James H McLaren (jameshmclaren@qoto.org)'s status on Monday, 29-Sep-2025 00:09:28 JST James H McLaren James H McLaren
      in reply to

      @nixCraft Wow, this is crazy. A thing that has essentially no practical value is inflating the US economy.

      In conversation about 3 months ago permalink
      Doughnut Lollipop 【記録係】:blobfoxgooglymlem: likes this.
    • Embed this notice
      Knightmare (lancejz@mastodon.social)'s status on Monday, 29-Sep-2025 00:10:55 JST Knightmare Knightmare
      in reply to

      @nixCraft so when that pops, the Great Depression 2.0 starts.

      In conversation about 3 months ago permalink
      Doughnut Lollipop 【記録係】:blobfoxgooglymlem: likes this.
    • Embed this notice
      Nazo (nazokiyoubinbou@mastodon.social)'s status on Monday, 29-Sep-2025 00:12:24 JST Nazo Nazo
      in reply to

      @nixCraft If true this is more scary than even intended because I'm about 90% sure that the bubble is very close to bursting now...

      In conversation about 3 months ago permalink
      Doughnut Lollipop 【記録係】:blobfoxgooglymlem: likes this.
    • Embed this notice
      Galad (galad@mastodon.social)'s status on Monday, 29-Sep-2025 00:13:08 JST Galad Galad
      in reply to

      @nixCraft The AI bubble is the sunk cost fallacy in action.

      In conversation about 3 months ago permalink
      Doughnut Lollipop 【記録係】:blobfoxgooglymlem: likes this.
    • Embed this notice
      xs4me2 (xs4me2@mastodon.social)'s status on Monday, 29-Sep-2025 00:14:37 JST xs4me2 xs4me2
      in reply to

      @nixCraft

      Let it happen please, so these bastards go broke…

      In conversation about 3 months ago permalink
      Doughnut Lollipop 【記録係】:blobfoxgooglymlem: likes this.
    • Embed this notice
      Karsten Johansson (ksaj@infosec.exchange)'s status on Monday, 29-Sep-2025 00:16:46 JST Karsten Johansson Karsten Johansson
      in reply to

      @nixCraft Isn't that another way of saying the US will do anything to keep propping it up, no matter the cost?

      This is a race that is China's for the taking. USA will let that happen?

      Huge sacrifices are about to be made to keep up the illusion as long as possible.

      Pay no attention to the man behind the curtain (or the one at the Whitehouse lectern.)

      In conversation about 3 months ago permalink
      Doughnut Lollipop 【記録係】:blobfoxgooglymlem: likes this.
    • Embed this notice
      Al & Val's Modern Homesteading (alandvalonline@mastodon.social)'s status on Monday, 29-Sep-2025 00:17:31 JST Al & Val's Modern Homesteading Al & Val's Modern Homesteading
      in reply to

      @nixCraft Just proves my point. AI stands for Artificial Intelligence, but it ALSO stands for "Actual Ignorance".

      In conversation about 3 months ago permalink
      Doughnut Lollipop 【記録係】:blobfoxgooglymlem: likes this.
    • Embed this notice
      Doughnut Lollipop 【記録係】:blobfoxgooglymlem: (tk@bbs.kawa-kun.com)'s status on Monday, 29-Sep-2025 00:18:18 JST Doughnut Lollipop 【記録係】:blobfoxgooglymlem: Doughnut Lollipop 【記録係】:blobfoxgooglymlem:
      in reply to
      • Al & Val's Modern Homesteading
      @alandvalonline @nixCraft It also stands for "AntIchrist". :blobfoxgooglymlem:
      In conversation about 3 months ago permalink
    • Embed this notice
      Alex Lohr (RIP Natenom) (lexlohr@chaos.social)'s status on Monday, 29-Sep-2025 00:19:10 JST Alex Lohr (RIP Natenom) Alex Lohr (RIP Natenom)
      in reply to

      @nixCraft It is only AI in PowerPoint. In Python, it's large models. In truth, it is creative marketing around statistical models tuned to predict the answer.

      And the answer is: don't waste so many resources on predicting answers using models that human brains are far better at giving.

      The attempt to replace human brains was doomed to begin with for any task that required one in the first place.

      In conversation about 3 months ago permalink
      Doughnut Lollipop 【記録係】:blobfoxgooglymlem: likes this.
    • Embed this notice
      SpaceLifeForm (spacelifeform@infosec.exchange)'s status on Monday, 29-Sep-2025 00:19:52 JST SpaceLifeForm SpaceLifeForm
      in reply to

      @nixCraft

      When Deutsche Bank speaks, people listen.

      They know it is a clusterfuck. Now, they are wondering what are going to get in return for their investments.

      Maybe they are thinking to pop the bubble before they lose more money.

      #AI #Insanity #Money

      In conversation about 3 months ago permalink
      Doughnut Lollipop 【記録係】:blobfoxgooglymlem: likes this.
    • Embed this notice
      fhekland (fhekland@social.vivaldi.net)'s status on Monday, 29-Sep-2025 00:21:22 JST fhekland fhekland
      in reply to

      @nixCraft here's a description of how the AI frenzy is currently funded.

      In conversation about 3 months ago permalink

      Attachments


      1. https://social-cdn.vivaldi.net/system/media_attachments/files/115/281/286/041/983/065/original/73768a05d7a96727.jpg
      Doughnut Lollipop 【記録係】:blobfoxgooglymlem: and snacks like this.
    • Embed this notice
      doragasu (doragasu@mastodon.sdf.org)'s status on Monday, 29-Sep-2025 00:24:33 JST doragasu doragasu
      in reply to

      @nixCraft It's even better, AI is avoiding recession because of the money spent building data centers, not because it generates any value in itself.

      In conversation about 3 months ago permalink
      Doughnut Lollipop 【記録係】:blobfoxgooglymlem: likes this.
    • Embed this notice
      Andreas K (yacc143@mastodon.social)'s status on Monday, 29-Sep-2025 00:24:41 JST Andreas K Andreas K
      in reply to

      @nixCraft That assumes that by the time that happens, reporting about a crash will not be considered treason by the Glorious Leader.

      In conversation about 3 months ago permalink
      Doughnut Lollipop 【記録係】:blobfoxgooglymlem: likes this.
    • Embed this notice
      Garrett Wollman (wollman@mastodon.social)'s status on Monday, 29-Sep-2025 00:32:58 JST Garrett Wollman Garrett Wollman
      in reply to

      @nixCraft I have been trying to decrease my exposure to tech this whole year, and it's actually *hard* to do now, because a lot of tech companies are officially classified as something else. An "ex-tech" index fund still has Meta and Google in it because those are considered advertising companies, not "tech". A "social" fund has, I think, all seven of the profoundly antisocial "Magnificent 7".

      In conversation about 3 months ago permalink
      Doughnut Lollipop 【記録係】:blobfoxgooglymlem: likes this.
    • Embed this notice
      Toni M. (mad@freiburg.social)'s status on Monday, 29-Sep-2025 00:52:16 JST Toni M. Toni M.
      in reply to

      @nixCraft

      Reading more and more articles with good reasoning and arguments about the AI bubble bursting is a strong indicator in my eyes.

      In conversation about 3 months ago permalink
      Doughnut Lollipop 【記録係】:blobfoxgooglymlem: likes this.

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