United States | News & Politics

3452 readers

704 users here now

Welcome to !usa@midwest.social, where you can share and converse about the different things happening all over/about the United States.

If you’re interested in participating, please subscribe.

Rules

Be respectful and civil. No racism/bigotry/hateful speech.

No memes/pics of text

Post news related to the United States.

founded 2 years ago

MODERATORS

simsymbiote@midwest.social

Type1@midwest.social

exposingfash@midwest.social

128

Powell says that, unlike the dotcom boom, AI spending isn’t a bubble: ‘I won’t go into particular names, but they actually have earnings’ (fortune.com)

submitted 6 days ago by cm0002@lemmy.zip to c/usa@midwest.social

56 comments fedilink hide all child comments

The entire US economy right now is 7 companies sending a trillion fake dollars back and forth to each other, but it's totally not a bubble according to grampa Powell.

(page 2) 10 comments

sorted by: hot top controversial new old

[–] tornavish@lemmy.cafe 2 points 5 days ago

It’s a dome

[–] 52fighters@lemmy.sdf.org 2 points 5 days ago

Understanding the economics of it is beyond what I can reasonably know at this time but I did read that Ryan McBeth argued that the increasingly likely war involving China in 2027 or 2028 will become instant demand for AI services under military use.

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

Yeah. Okay. Just cut the interest rate, and shut up.

[–] DragonTypeWyvern@midwest.social 1 points 4 days ago

What an excellent way to continue not fixing inflation

load more comments