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[–] 10 points 23 hours ago (14 children)

It’s a problem they’re running headlong into. Anthropic basically is going to suck all the money out of the market and their IPO suggests they’re going on a spending spree and will issue more debt, which makes it even tighter.

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  • [–] 2 points 16 hours ago (12 children)

    Bubble will be even more glorious when it bursts

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  • [–] 4 points 15 hours ago (5 children)

    It's going to be an absolute shitshow if it's anything at all like dot-com bubble. Having things lose 80% of their value or go to zero even may be something edgelords think is exciting and/or hilarious, but the fallout is something all of us will feel.

    I don't think it will be at all glorious.

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  • [–] 5 points 14 hours ago (3 children)

    I can enjoy the failings of billionaires while being concerned for the common people at the same time.

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  • [–] 1 point 4 hours ago (5 children)

    Some of us have lived through bubbles bursting, and it's never fun for us normal folks. You might want to temper your expectations a little bit.

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  • [–] 1 point 3 hours ago (4 children)

    Yes, I too have lived through many of those bubbles. Did it suck for me? Yes. Do I still enjoy seeing my enemies fail? Yes.

    I can have it both ways even if you cannot.

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  • [–] 1 point 2 hours ago* (3 children)

    I probably can because I'm most likely not in danger of losing my job and apartment. This time.

    That can't be said for everyone, and I guess I've got enough empathy to give a shit about that

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  • [–] 1 point 2 hours ago (2 children)

    You have empathy for billionaires?

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  • [–] 1 point 2 hours ago* (1 child)

    No I have empathy for the people who's lives are going to be fucked when this bubble pops.

    Decidedly not the billionaires. They will, again, be just fine.

    In fact, it'll be a fire sale for them and many of them will get more wealthy.

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