Once the US economy craters into the recession it should by all rights currently be working through… Oh I am sure at that point there will be all sorts of companies dumping all sorts of things into every market they can to try to survive.
The AI bubble bursting will fuck the world in ways that will take decades to unfuck. If sanity was even slightly fashionable right now governments around the world, especially the US would be using every power they had to put some limits on this whole mess. Regulation, taxation, environmental controls everything would be on the table.
Instead we seem to be racing at the wall as fast as we can with NVidia and co in the driving seat, and governments around the world in the passenger seat screaming “Go! Go! Go!”
That’s OK though, economic turmoil is felt by the individual based on their starting wealth. The rich often manage to become wealthier, it’s the poor who get buried. Yay capitalism.
Once the US economy craters into the recession it should by all rights currently be working through… Oh I am sure at that point there will be all sorts of companies dumping all sorts of things into every market they can to try to survive.
The AI bubble bursting will fuck the world in ways that will take decades to unfuck. If sanity was even slightly fashionable right now governments around the world, especially the US would be using every power they had to put some limits on this whole mess. Regulation, taxation, environmental controls everything would be on the table.
Instead we seem to be racing at the wall as fast as we can with NVidia and co in the driving seat, and governments around the world in the passenger seat screaming “Go! Go! Go!”
That’s OK though, economic turmoil is felt by the individual based on their starting wealth. The rich often manage to become wealthier, it’s the poor who get buried. Yay capitalism.