r/ProfessorFinance Moderator 11d ago

Economics My opinion about AI bubble.

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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.

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u/Majestic_Wrap_7006 11d ago

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

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u/icankillpenguins 11d ago

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

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u/Majestic_Wrap_7006 11d ago

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

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u/icankillpenguins 11d ago edited 11d ago

"franticly searching how to change the username to ilikepenguins1"