This seems like the first step of what will eventually lead to hyper inflation.

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[–] 1 point 9 months ago

OK, that makes sense. Thanks for the long explainer.

I think the AI bubble does feel a lot like the GFC. My understanding is that the amount of leveraging is much higher than pre-gfc, too. And I'm utterly unconvinced that genAI has much real underlying value across most industries (other than some niches like copywriting, and some simple coding tasks)

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