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Items tagged with: Bubble
Big tech is gambling the economy on AI… and wants a bailout for it
SoSoTheDestroyer : This is my dissection of the AI bubble, including why it's more fragile than most people think it is and why we might be headed for another financial crisis. Oh, and the billionaires want a bailout, because of course they do.
An Astute Summary By One of the Commenters on the Video:
"Remember, that the reason RAM prices have gone up such a large percent is because a massive amount of not-yet-manufactured memory was bought with money that doesn't really exist to be put into GPUs that haven't been made yet, to be installed in data centers that haven't all been built yet, powered by infrastructure that cannot support it sustainably, to satisfy a demand that isn't actually there, in order to generate profits that are mathematically impossible."
#AI #Tech #Bubble #MoneyScam #MoneyGamble #ImaginaryThings #DelusionalInvesting #OurModernTimes
AI Bubble: Sources Cited
Big tech is gambling the economy on AI… and wants a bailout for it Sources Cited Original Video Link: https://youtu.be/n80PdifbbTE Bloomberg (1): https://www.bloomberg.Google Docs
All that AI Hype... Has a Glaring Flaw
#RealityVsHype #AI #Computers #Bubble #Technofraud
- YouTube
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@Ruth_Mottram In the #bubble of #politicians the world looks different. Same as the bubble of #ceo or other "leaders".
The selection processes and internal dynamics tied to their role makes them more easily extremists. #memetics
The selection processes and internal dynamics tied to their role makes them more easily extremists. #memetics