When you see all the top start-ups are all “we do this, but AI”, it’s obvious we are in a bubble.
AI is buying billions on credit, backed by no equity.
I’m unemployed (thanks, AI), but I’m going to spend half of my savings on shorting the stock. go big, or file for bankruptcy.
That is my main fear right now. That the oligarchs will prop up ai and it will never fail, the economy will just continue to stagnate for decades
Now that the U.S. government is involved, they will be getting bailouts like the big banks if they fail.