this post was submitted on 03 Oct 2026
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[–] TootSweet@lemmy.world 12 points 3 hours ago (1 children)
[–] danc4498@lemmy.world 10 points 2 hours ago (2 children)

It'll only hurt us. The rich will profit heavily.

[–] TootSweet@lemmy.world 28 points 2 hours ago* (last edited 2 hours ago)

Yeah, but if the bubble lasts longer it'll hurt us more when it does collapse.

Plus we'll have to deal with more clanker bullshit in more of our daily lives for longer if it takes a long time for it to collapse.

[–] schipelblorp@sh.itjust.works 12 points 2 hours ago

Are you talking about the collapse of the AI bubble hurting us? I mean, sure, but what's the alternative? There isn't one. The sooner it pops, the more money that will be available to develop businesses that can grow the economy. Right AI is gobbling up investment capital and driving up the interest rates and inflation of the price of tech hw is stunting consumer and business tech, contributing to overall inflation, and making actual products people want to buy more expensive, ie less sold...

I'd like to say that this economic collapse could not have come at a worse time, but I think bubbles like this are only possible when markets are no longer competitive, everyone is broke as shit, and people have to invent fantasies to make investors think line will go up.