this post was submitted on 04 Oct 2025
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(page 2) 44 comments
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[–] Melvin_Ferd@lemmy.world 1 points 5 days ago* (last edited 5 days ago)

Guys compare the size of American debts to Canada's

[–] SpiderUnderUrBed@lemmy.zip 1 points 5 days ago

I'm curious about the sizes of nfts, crypto and blockchain compared to the ai bubble

[–] Assassassin@lemmy.dbzer0.com 90 points 1 week ago (13 children)

And yet, the MBAs continue to pump money into it like AI doesn't fail to provide any value in 80% of their shoehorned implementations.

[–] phoenixz@lemmy.ca 15 points 1 week ago

80?

I feel like that number is way over 90, 95

[–] theneverfox@pawb.social 6 points 1 week ago

Because it's the only growth area. Speculators need to speculate. There's money to be made on a bubble on the way up, and tons on the way down, as long as you time it right

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[–] SpaceNoodle@lemmy.world 56 points 1 week ago (1 children)

Next bubble gonna be 64× ?

[–] Bullerfar@lemmy.world 11 points 1 week ago (1 children)
[–] Zachariah@lemmy.world 17 points 1 week ago

quite an upgrade from the 32 bits

[–] Corelli_III@midwest.social 45 points 1 week ago (12 children)

it's going to be pretty cool when the USD is annihilated by this

they really boned themselves by concentrating all of it among themselves and basing its value off of fake proof of work factories

[–] nuko147@lemmy.world 2 points 5 days ago

I'm sorry that i must inform you that the world today is one big pot. The 2008 crisis created by the USA housing bubble, affected the whole world. An USD annihilation today after a big bubble burst, means total collapse.

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[–] xxce2AAb@feddit.dk 17 points 1 week ago

This is insanity.

[–] Xaphanos@lemmy.world 16 points 1 week ago (4 children)

The dotcom bubble produced Google and Amazon.

[–] Rhaedas@fedia.io 46 points 1 week ago (5 children)

I guess, if you count surviving it and having less competition. What did 2008 produce? Besides a stock reset for the rich.

[–] buddascrayon@lemmy.world 2 points 5 days ago (1 children)

2008 wasn't the collapse of the dom com bubble. That happened in 2002 or so. What happened in 2008 was the inevitable collapse of the banking and loan industry due to oversaturation of sub prime mortgages and the use of them by hedge funds as a way to cheat to industry and make shit tons of money off the backs of working class people.

[–] Rhaedas@fedia.io 1 points 5 days ago

Yes. They were two different crashes, I wasn't implying they were the same. If anything the tech bubble from mid 1990 to 2000 was more "honest", it just wasn't going to last yet everyone invested in it. Unlike the 2008 crash of real estate that the banks knew was a problem but ignored. Dotcom was tech, but 2008 was more like the current AI money run, in the methodology of pumping it for money until it breaks.

[–] bigfondue@lemmy.world 39 points 1 week ago (1 children)

They received hundreds of billions of dollars in bailout funds. That really taught them a lesson!

[–] ScoffingLizard@lemmy.dbzer0.com 2 points 6 days ago (1 children)

Should have pulled themselves up by their bootstraps and saved for emergencies.

[–] kossa@feddit.org 2 points 6 days ago

Maybe they ate less Avocado toast and that helped already.

[–] Nobody@anarchist.nexus 29 points 1 week ago

The “too big to fail” banks used their bailout money to buy small and medium-sized banks that were struggling, increasing the market share of the already colossal banks that caused the disaster in the first place.

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[–] FartMaster69@lemmy.dbzer0.com 2 points 1 week ago

Also Beanz.

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[–] Buffalox@lemmy.world 6 points 1 week ago

Winner takes it all, we need to pump MORE money into it.
/s

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