Yay, yet another once in a lifetime financial crisis.
this post was submitted on 06 Nov 2025
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Capitalism is the only way ;)
Well yeah. Sam Altman just came out and basically said he needs a few trillion dollars and government backed loans. This shit is going to be BAD.
Has anyone else noticed the recent resurgence of mechanical turk jobs? It's all AI training work. Before the work was doing tasks directly. Now they have people training tailored AI models.
In other words the tech bros have found get another way to shoehorn themselves in as a middle man. Instead of having workers do the work itself. Now the work is delegated to AI. Which is trained to do the task by humans.
At first it said the LLM era was the end of mechanical turk work. It's going in a circle back to mechanical turks again.
Now I most definitely don't want it to pop 🤣 moreso because the reality is the bubble popping doesn't hurt them it only hurts all the idiots who spent their meager earnings on this shit.
The rich never suffer, other than having to buy the smaller yacht.
If he needs a straight pin to pop it I can send him a couple
This is in a category I'd like to call hopebait. People so badly wish things they feel are bad simply stopped themselves, that they'll upvote anything that appears to confirm this.
In this instance, there is nothing of substance in this article to suggest the end of anything is anywhere near in sight.
One guy, who makes bets constantly, made another bet.
Seriously the stock market can remain irrational longer than you can stay solvent.
People are idiots.
Is there a consensus there's an AI bubble? Sure?
Can anyone predict what will happen? LOfuckingL
There's an AI bubble?
I was pretty certain it was grifts all the way down lol
I'm thankfully OoL enough but I guarantee there are some AI backed crypto out there which is so deliciously awesome given the double down on smoke and mirrors.
I think it's all the way up in this case
I've got a problem with articles like this: "The guy who got it right once is betting a second time he's going to get it right". and then the article continues: "Even though he's got it wrong a bunch of times since, he got it right that one time... So this has gotta be his second time!!"
The odds of being right x times in a row must be really low, correct?
I just phoned a business today that ended up with an "AI receptionist" when they didn't answer the phone.
They wanted to take my name down, asked who I was leaving a message for, and then recorded the message...
My god what a painful process that was. It was absolutely useless. Firstly it got my name wrong, and then the name of the person I was leaving the message for wrong. No "Janet" my name is not Don it's John, and no I'm not leaving a message for Kim Its for Kam. And then it needs to repeat your entire message back to you in order to make sure it didn't fuck it up which amazingly the message was probably 95% okay but it was a giant waste of my time when a FUCKIN VOICEMAIL WOULD HAVE SUFFICED
an online store, for games used a fully AI agent as a CS, it was giving them the run around, till i kept asking about escalting it, finally it was able to either contact them shortly or through email.
Had an issue with Comcast today. They forced me to use their Xfinity app, but what I needed to do wasn't an apparent option within the app. The only option I saw was a support chatbot. The chatbot listed a link to the option I was looking for. The link opened a webview within the Xfinity app, in which there was a link to download the Xfinity app.
Unnecessary Apps and chat bots. Two of my least favorite things referring me back and forth, forever, in an endless loop.
comcast is probably the worst cs, plus they always trying to pedal you shit.
Peddle but yes, they're monsters
referring me back and forth, forever, in an endless loop
Just like they intended.
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My money is on the American bubble popping. China would do just fine. As to Europe's? Probably not developed enough to seriously impact them, but probably able to fill America's void once the bubble action has died down. America is pretty fucked in general, so it isn't so much AI in particular, but rather a ghost economy.
Something based on imaginary stocks, grift, de-industrialization, ghost jobs and falsified labor statistics, likely mixed with a debased dollar, just doesn't bode well.
Most of the European digital infrastructure is caught in the web of Microsoft, and will be pulled down with it when Microsoft inevitably lose their bets on AI.
Pulled down how? They will just keep using office or azure or whatever. No changes.
Seems to me that the Microsoft stock may drop 20% but otherwise, what consequences will it really have on European markets?
Europe should focus mlre on using mivrosoft, google and amazon (european) alternatives
Something based on imaginary stocks, grift, de-industrialization, ghost jobs and falsified labor statistics, likely mixed with a debased dollar, just doesn’t bode well.
This is literally describes China, what are you even talking about?
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What a shitty take. Imagine betting on something with a poor human rights record and countless privacy violation. America may have it's faults, but it will get ironed out like it always does. I'm hoping for everybody's sake that China doesn't become the new global superpower. America has the soft power thing down to the t at least.
As for the other claims you made, source?
In my humble opinion Bush kind of fucked America up, but that is fixable.
Dude. I live in the US, and would like it to be a super-awesome place that genuinely leads the world in morality and prosperity.
Unfortunately, my nation has been going down the toilet. If you haven't noticed, things like ICE's raid on Hyundai, the undeclared war and crimes upon Venuzela, over 1,800 people disappeared from Alligator Alcatraz, Mike Johnson refusing to open congress, the SNAP denial, and other bouts of malicious stupidity are very bad signs for the future.
In any case, I don't like China, but it is likely to be a superpower for awhile until India or someone else takes the crown. The crown was America's to lose, and I am pretty sure we are losing it.
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I do think there is an AI bubble, but "guy who bets against things, bets against the latest thing"
It's like the dotcom bubble. Everyone got all excited thinking the internet would be the next big thing, change the world, revolutionize the way we do business. And it did. But not without a lot of hot air and snake oil getting sold along the way.
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