- cross-posted to:
- world@quokk.au
- cross-posted to:
- world@quokk.au
cross-posted from: https://lemmy.ca/post/73158617
Burn baby burn!!!
“Many in the market feel we have no choice but for it to work out,”
Yes this is what it everyone feels like when they are in denial…
If that bubble ever bursts i want more ethical AI models and approaches.
All we’re gonna see is bailouts, consolidation, and the rest of us lose our savings.
I could see both. If the AI bubble really pops, used hardware may be available for pennies on the dollar. People and companies may be able to run local models for much less.
But yeah, I could see a lot of us hurting in other ways, even if models get more efficient and more local.
These companies have no such consciousness about the hardware. I’ve seen video after video where they just pay some scrapper to come in and crush everything for recycling rather than pay some company to come in, sort, process and list everything for sale or auction.
If we see that, we need to see gun ownership and armed protests rise.
Not if you start shorting now. Trust me, nothing can go wrong with a safe short.