this post was submitted on 27 Jun 2026
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526
I won a Pulitzer for explaining the Great Depression. The AI spending boom terrifies me (fortune.com)
submitted 1 day ago* (last edited 1 day ago) by Wudi@feddit.uk to c/technology@lemmy.world
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[–] MangoCats@feddit.it 3 points 20 hours ago (2 children)

they have the levers and means to come out on top of it.

To delude themselves that they'll be coming out on top... they'll suffer too, and the more they strive to climb, the more they'll be risking everything.

[–] jj4211@lemmy.world 3 points 11 hours ago

To the extent they "suffer", maybe some of them go from billionaire to merely hundreds of millions.

[–] varyingExpertise@feddit.org 5 points 20 hours ago

They came out on top of 2008/09 as well.