Embed Notice

HTML Code

<blockquote style="position: relative; padding-left: 55px;"><section><a href="https://wandering.shop/users/cstross/statuses/114715126276696521">Charlie Stross (cstross@wandering.shop)'s status on Friday, 20-Jun-2025 20:35:14 JST</a><a href="https://wandering.shop/@cstross" title="cstross@wandering.shop"><img src="https://gnusocial.jp/avatar/35284-48-20230405092346.webp" width="48" height="48" alt="Charlie Stross" style="position: absolute; left: 0; top: 0;">Charlie Stross</a></section><article><p>It's glaringly obviously so—at least to me: I've been around long enough to remember the first dot-com boom at first hand, plus various property bubbles, the credit default swap bubble, the original bitcoin bubble, and so on.</p><p>After a while you learn to recognize a new market bubble on sight. Unfortunately that learning time can be 30 years ... so youngsters ALWAYS think "this time it's going to be different."<br><a href="https://circumstances.run/@davidgerard/114712748295654159" rel="nofollow noreferrer">https://circumstances.run/@davidgerard/114712748295654159</a></p></article><footer><a rel="bookmark" href="https://gnusocial.jp/conversation/5230344#notice-10263593">In conversation</a><time datetime="2025-06-20T20:35:14+09:00" title="Friday, 20-Jun-2025 20:35:14 JST">about 7 days ago</time> <span>from <span><a href="https://wandering.shop/@cstross/114715126276696521" rel="external" title="Sent from wandering.shop via ActivityPub">wandering.shop</a></span></span><a href="https://wandering.shop/@cstross/114715126276696521">permalink</a><h4>Attachments</h4><ol><li><article><header><div>No result found on File_thumbnail lookup.</div><h5><a href="https://circumstances.run/@davidgerard/114712748295654159">David Gerard (@davidgerard@circumstances.run)</a></h5><div> from <span>David Gerard</span></div></header><div>@trochee@dair-community.social @Emmaf_77@piaille.fr if this was determined by market forces it would be dead around nowbut it's not. the VC class sees "AI" as their last hope for a tech bubble.so they will spin this out ABSOLUTELY as long as they can get away with.also! a lot of the "money" flying around is imaginary book value of private companies - desperately not having it turn into cash is job #1(altman knows all this.)I believe the current AI bubble is 100% a VC bubble party with ChatGPT as the initial excuse. all of this is economic, none is technology</div><footer></footer></article></li></ol></footer></blockquote>

Corresponding Notice

Embed this notice
Charlie Stross (cstross@wandering.shop)'s status on Friday, 20-Jun-2025 20:35:14 JST Charlie Stross
It's glaringly obviously so—at least to me: I've been around long enough to remember the first dot-com boom at first hand, plus various property bubbles, the credit default swap bubble, the original bitcoin bubble, and so on.
After a while you learn to recognize a new market bubble on sight. Unfortunately that learning time can be 30 years ... so youngsters ALWAYS think "this time it's going to be different."
https://circumstances.run/@davidgerard/114712748295654159
In conversationabout 7 days ago from wandering.shoppermalink
Attachments
1. No result found on File_thumbnail lookup.
  David Gerard (@davidgerard@circumstances.run)
  from David Gerard
  @trochee@dair-community.social @Emmaf_77@piaille.fr if this was determined by market forces it would be dead around now but it's not. the VC class sees "AI" as their last hope for a tech bubble. so they will spin this out ABSOLUTELY as long as they can get away with. also! a lot of the "money" flying around is imaginary book value of private companies - desperately not having it turn into cash is job #1 (altman knows all this.) I believe the current AI bubble is 100% a VC bubble party with ChatGPT as the initial excuse. all of this is economic, none is technology

Public

Embed Notice

HTML Code

Corresponding Notice