this post was submitted on 06 Nov 2025
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The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops (futurism.com)
submitted 1 day ago by tonytins@pawb.social to c/technology@lemmy.world
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[–] aesthelete@lemmy.world 2 points 1 day ago* (last edited 1 day ago)

And if AI is going to be the last straw, how long can we put it off for? Could it pop next year or can we still hold it off for another decade with even more ludicrous number-fuckery? I think that’s where the trick is going to be.

The thing that boggles my mind in all of this is the possibility that Trump installs some absolute toady tool bag in at the Fed and then just has the federal reserve bail out all of the bad investments. It'd mean probably hyperinflation, but who cares about normal shmucks trying to live a life? It's much more important to pay the genius, scammy billionaires so they can keep their mega yachts fully gassed and assed.