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.

Sources Sited In This Piece

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.

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