But this hype is real. Promise! Really real! Or the next one!

Which economy? The billionaire economy of the normies economy?

They prepare the too big to fail speech I think

No our federal government will spend billions to bail out whatever AI companies are favored by trump this week.

Saddle up, sea biscuit

One day we shall reclaim the sullied em dash for ourselves once and for all!

It really feels like the options are:

• Bubble bursts because it requires more money than the entire global economy not too at this point.
• Total regulatory capture and we just somehow keep it going forever to the detriment and gradual decay of literally everything else.

An AI breakthrough has nothing to do with LLMs, it's like saying the auto industry will collapse except if there is an AI breakthrough that saves it.

The current everything bubble is too big to be bailed out. It will take down with it everything. Including the value of currency.

I bet they're just running as fast as they can, not caring about which direction as long as they are "ahead".

I wonder if we'll be able to get food at reasonable prices afterwards

The 2008 bailout happened because it was the banking sector that was exposed. If the consumer banks fail, everybody's accounts go up in flames.

Part of getting that bailout was that the banks had to restructure to insulate commercial banking from investment banking. Supposedly the investment arm can now get taken out, and the damage to the commercial arm is limited. I'll believe that when I see it. The big question at the moment is "how exposed are the banks?".

Oracle, Nvidia, Microsoft, OpenAI, Anthropic are all massively exposed. Nvidia and Microsoft might be big enough for a decimated version of themselves to come out the other side. Everyone else is going to the wall. No need to bail them out though. That's a contained explosion.

If the bank are making loans of hundreds of billions thinking they're sure fire money makers, but actually they're piles of shit, then it's 2008 again. That's when we see if they really protected the commercial arms of their banks.

Uhh, bottle caps are the future.

Dylan has more good advice here, when it comes to bubbles you don’t need a weatherman to know which way the wind blows!

I didn't know Bob Dylan was poor! /s

I have hundreds of thousands of dollars to lose if the market pops lucky for time is on my side. This feels like the dot com bubble

AMD is an industry leader with a huge economic moat and I think they will be okay when the bubble pops. I'm not sure about Nvidia though, despite having superb chips, because the problem is they loaned to companies to buy their chips. So, Nvidia's finances will be strained because Jensen Huang created a ponzi scheme that could not repay or be profitable to itself.

I’m usually a rationalist but nothing can convince me that Sod’s Law isn’t somehow baked into the structure of the universe.

As a person who is studying economics, I agree with you on this

It’s time for progressive socio economics

It would be so funny that the economy crashes, making poor people poorer and rich people richer!

Because that is what happened in the past few crashes. So I'm not entirely sure when and where I should start laughing about this

I've heard World War 3 sucks. Can't wait for World War 4, hope they finally get all the bugs sorted out.

Not having to pay crazy security contract or having to pay extraordinary amount or use Chinese/open sources models

I agree, I deleted almost every app that has a subscription

If the apps have a pay once and buy once option then I keep and don’t delete