Reckon AI is a bubble or legit

[Pikacel]

I keep hearing about how there 1 trillion this 7 trillion that


View: https://youtu.be/9wjiQPOoMcg?si=wRVa1TsyXsK6h2JE


View: https://youtu.be/iaxDnORL0ZU?si=rXFXhmlx28MpPVuG

Google boss says trillion-dollar AI investment boom has 'elements of irrationality'

In an exclusive BBC interview, Sundar Pichai hailed artificial intelligence as an "extraordinary moment" but said no company would be immune if bubble burst.

www.bbc.co.uk

So many companies are investing big in AI and laying off employees

Andrew Yang warns AI may wipe out 40 million US jobs

Andrew Yang said the AI jobs crisis has begun and warned that the US must prepare for massive disruption, including millions of workers displaced.

www.businessinsider.com

Will society just live on NEETbux funded by AI corpos. Or is this BS and a bubble

@fukurou

 

[Caichan]

explain

 

[nazianime]

It’s a bubble and when it crashes it’s going to lead to another 2008 recession. The government is propping up the AI market because they know it.

 

[Pikacel]

explain

Companies are believed to be over-investing in AI

And there are chatGPT slop technologies all over the internet now that are useful for jackshit. It’s hard to see how a lot of these AIjank technologies are going to produce profit gains

 

[Pikacel]

It’s a bubble and when it crashes it’s going to lead to another 2008 recession. The government is propping up the AI market because they know it.

Worth it to see AI crash and burn

 

[Brainy]

I don’t care as long as it destroys the world

 

[zd60]

I don’t care as long as it destroys the world

 

[V c z s q e]

Everything will be made with AI soon so it's legit even if it's being forced.

 

[Pikacel]

Everything will be made with AI soon so it's legit even if it's being forced.

Who will buy the made things

 

[Forum Hero]

bubble for sure

 

[nazianime]

Worth it to see AI crash and burn

AI is just the excuse that they are using to hot potato money to each other to fake value, prop up the markets. Other companies are using the AI excuse to fire employees to downsize or to introduce replacement low cost jeet slave labor. The US is already in a recession but pretending everything is fine, so as to not cause prices to crash on everything when business close.

 

[fukurou]

I keep hearing about how there 1 trillion this 7 trillion that


View: https://youtu.be/9wjiQPOoMcg?si=wRVa1TsyXsK6h2JE


View: https://youtu.be/iaxDnORL0ZU?si=rXFXhmlx28MpPVuG

Google boss says trillion-dollar AI investment boom has 'elements of irrationality'

In an exclusive BBC interview, Sundar Pichai hailed artificial intelligence as an "extraordinary moment" but said no company would be immune if bubble burst.

www.bbc.co.uk

So many companies are investing big in AI and laying off employees

Andrew Yang warns AI may wipe out 40 million US jobs

Andrew Yang said the AI jobs crisis has begun and warned that the US must prepare for massive disruption, including millions of workers displaced.

www.businessinsider.com

Will society just live on NEETbux funded by AI corpos. Or is this BS and a bubble

@fukurou

its a bubble, because these corporations would never sexualize their LLMs.
only a private company has the freedom to do that.

these LLMs can run on most new local machines.

 

[outerdarkness]

Bubble, the amount being invested in it verse the profits it can deliver right now are unsustainable.

Hope it pops before the midterms so Democrats can do as good as possible.

 

[PvZcel]

Idk at this point. AI stocks have dropped a few times over bubble fears but then goes back up higher. I just daytrade for some small profits bc holding long term is risky atp.

 

[nazianime]

Idk at this point. AI stocks have dropped a few times over bubble fears but then goes back up higher. I just daytrade for some small profits bc holding long term is risky atp.

Idk, possibly cooking the books they can make their money back from company valuation and stocks but hardware wise they are bleeding money because they keep buying hardware and not going through the normal lifecycle of server hardware, which is like 7-10 years.

But idk I am just a dumb Luddite.

 

[subhumanmonkey]

I'm too retarted for this conversation, wtf is an bubble

 

[RandomGuy]

Bubble, the amount being invested in it verse the profits it can deliver right now are unsustainable.

 

[gunnii]

bubble

 

[RandomGuy]

'Big Short' Michael Burry says Bitcoin worse than tulip bubble​

 

[Wizardmaxxer]

I keep hearing about how there 1 trillion this 7 trillion that


View: https://youtu.be/9wjiQPOoMcg?si=wRVa1TsyXsK6h2JE


View: https://youtu.be/iaxDnORL0ZU?si=rXFXhmlx28MpPVuG

Google boss says trillion-dollar AI investment boom has 'elements of irrationality'

In an exclusive BBC interview, Sundar Pichai hailed artificial intelligence as an "extraordinary moment" but said no company would be immune if bubble burst.

www.bbc.co.uk

So many companies are investing big in AI and laying off employees

Andrew Yang warns AI may wipe out 40 million US jobs

Andrew Yang said the AI jobs crisis has begun and warned that the US must prepare for massive disruption, including millions of workers displaced.

www.businessinsider.com

Will society just live on NEETbux funded by AI corpos. Or is this BS and a bubble

@fukurou

They all look like lizards wearing human skin

 

[Manlet]

Both.
It will replace a lot of people and be used for things going forward but I dont think its to the extent people are predicting.

 

[romanstock]

Backed and fast-tracked by the govt. That's why they're 'overleveraged', because they're told to do so. It's not a natural bubble, they have a plan and are going in. It won't be collapsing.

 

[retributor]

Normgroid enslavement technique, cattle worries about the bubble and the Epstein files in the Amazon plant. Most of the videos on it are just fearmongering and not showing actual data beside how much is "invested". Might be real, might not. You really can't know what those massive businesses are planning. I don't see a multitude of companies with a combined worth rivaling the US GDP making a mistake like overinvesting in AI in my personal opinion.

 

[retributor]

Backed and fast-tracked by the govt. That's why they're 'overleveraged', because they're told to do so. It's not a natural bubble, they have a plan and are going in. It won't be collapsing.

I think it's the opposite with these companies pressuring the US government instead, you see Apple, Google, Amazon, Nvidia and others consistently win lawsuits and be given excuses for their violatory practices.

Google especially is extremely powerful with a total monopoly over almost all internet traffic.

 

[romanstock]

I think it's the opposite with these companies pressuring the US government instead, you see Apple, Google, Amazon, Nvidia and others consistently win lawsuits and be given excuses for their violatory practices.

Google especially is extremely powerful with a total monopoly over almost all internet traffic.

The military calls the shots. AI is imperative to America's military goals. They'll put as much capital as possible into it. These companies then comply with those demands knowing that capital will flow down. So to the layman it may appear like a bubble, but those companies have built the bubble knowing full well guaranteed capital will fill it up.

 

[Quarantined]

Both.
It will replace a lot of people and be used for things going forward but I dont think its to the extent people are predicting.

 

[Poopless One]

I'm too retarted for this conversation, wtf is an bubble