this post was submitted on 21 Jul 2025
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Economics

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The AI boom is more overhyped than the 1990s dot-com bubble, says top economist (www.techspot.com)
submitted 2 weeks ago by cm0002@programming.dev to c/economics@lemmy.world
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[–] naught101@lemmy.world 1 points 2 weeks ago

Oh I thought you meant the GFC subprime mortgage bubble.

I'm not sure that I would think of the current housing crisis is a bubble.. It's based on undeniably real value.. It absolutely is an unethical hoarding of wealth by the wealthy, but it's not imaginary like a bubble.

Well.. Unless you consider all of capitalism a bubble (in the sense that a massively inequal society is inherently unstable in the long run). Which I kinda do.