this post was submitted on 10 Oct 2025
43 points (100.0% liked)

Fuck AI

4289 readers
1207 users here now

"We did it, Patrick! We made a technological breakthrough!"

A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

founded 2 years ago
MODERATORS
 

We’re in a bubble. Everybody says we’re in a bubble. You can’t say we’re not in a bubble anymore without sounding insane, because everybody is now talking about how OpenAI has promised everybody $1 trillion.

you are viewing a single comment's thread
view the rest of the comments
[–] Rentlar@lemmy.ca 6 points 1 day ago

The bubble can keep going for longer than we imagine... since the big 7 can keep doing their Hollywood or bear poop accounting, and the US government isn't going to cry foul as long as they can keep up the charade that the economy is doing just fine.

If you want me to make an unqualified crystal ball prediction, as soon as the 2026 midterms are over, if it's not rigged and Dems make any gains at all, institutional finance will get worried they'll be called out on their games causing it all to crash.

There could be several dominoes that trigger a sequence leading to the end of the bubble but for now it's an unstable equilibrium as billionaires, the US gov all are happy to benefit off of vapid AI hype.

Hype is a limitless resource, hype leads to infusion of investor money, but investor money isn't (well yes and no in the case of the US Fed).

We're in the selling tulip contracts phase so there's still money to be made in the mania but it's anyone's guess as to how long.