this post was submitted on 08 Oct 2025
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Fuck AI
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Crashes are good for people that have capital because it lets them buy things that people are forced to sell at a discounted price.
Not because it lets them sell ai. The goal is to snatch up cheap assets to sell when the economy recovers then do it all over again.
Facts. You don't even have to be particularly rich to do it. I had a few thousand I'd saved over a decade in March 2020, used it to buy oil stocks at a 90% discount, then sold it two years later when things rebounded. It wasn't 'fuck you' money, but it allowed me to pay off my student loans.
my personal plan is to gather as much capital as i can while this everything bubble goes wild (fuck it, look at total volume levels now vs...anytime last 30 years...nobody but degenerate gamblers and those that should know better are playing right now), then...go on a mass-building spree to drive down the price of housing.
high density, high-quality, affordable housing built for sale not rent, sold exclusively to long-time local residents and/or first-time home buyers. my hope is this crashes individual localized housing markets, as the local rent parasites cant find renters and since they probably took loans out on their properties to throw into the casino...
then i swoop in, buy their distressed property on the cheap, throw down even more high-density/quality, affordable housing for sale.
repeat until everyone has a home
Yep. It's a fire sale for the 1%
Yeah, the OP's comment is weird: it's because what these types call "AI" not actually working properly in most environments (mainly because it makes critical, even deadly, mistakes with far, far higher frequency than even untrained humans) so adopters of the Technology are already suffering losses due to it and having to rollback their deployments of the "AI", that the bubble will blow causing an US economy collapse because of how much Market valuation is tied up to the AI bubble and the massive misallocation of resources and investments linked to it (a local economic collapse which might or not spread to become "world economy collapse").
An economic crash caused by the latest insanelly overhyped Tech grift turning out to not work at all at lowering costs for the adopters of that technology (quite the contrary) isn't an opportunity to sell more of that very insanelly overhyped technology.
I would expect that, like last time around, the way the capital rich will benefit from an economic collapse is because they'll be able to buy Assets on the cheap, whose values will then be propped up by Governments just like last time around (part of the reason why both realestate and stock markets quickly got back to beating records after the last world economic collapse)