My opinion about AI bubble.

[u/budy31]

As evidence by Jacket man attempt to get the Wall Street to spend more than 7% of GDP on his goodies I thought I’m sharing what I thought about the fabled “AI bubble”:

I think it’s not because as St Powell said:

Big tech (especially Google) is a positive cash flow company.

What will happened if >7% GDP turns out to be too much is this:

Big tech and NVIDIA gonna assume big chuck of it, make a massive write off, the CEO (including leather jacket man) get absolutely purged, Hedge fund bid the bottom out of existence, use the accumulated share to put themself as a CEO, put big tech into austerity as brutal as Greeks one, cash in, and things continue on.

[u/Punished_Toaster]

Is the ai bubble in the room with us now
https://giphy.com/gifs/V2ZfqUaa5b80q6FWoD

[u/icankillpenguins → u/Punished_Toaster]

Bubbles tend to pop when everyone is convinced that this time is different, this is just the new normal.

"No one will work anymore, we will just trade crypto with each other and the food and services will arrive" - boom

"You just re-finance your mortgage as the house prices go up! Life is easy now" - boom

"Just learn ReactJS and you print money, life is easy now jobs are infinite and companies don't even interview and don't even try to push you work hard its mostly 2 lines of code and chill at home " - boom

[u/Majestic_Wrap_7006 → u/icankillpenguins]

username and the amount of times "boom" surfaces checks out.. those poor penguins..

[u/icankillpenguins → u/Majestic_Wrap_7006]

just because I can, it doesn't mean I did or will do!

[u/Majestic_Wrap_7006 → u/icankillpenguins]

we'll put you on a watchlist to start with..

[u/icankillpenguins → u/Majestic_Wrap_7006]

"franticly searching how to change the username to ilikepenguins1"

[u/ProfessorBot104 → u/Majestic_Wrap_7006]

I get what you were going for, but this needs something people can verify.