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The AI Wildfire Is Coming. It's Going to Be Painful and Healthy
- andsoitis 11mo ago”It’s precisely this dynamic that creates productive bubbles. The rational individual decision (match your competitor’s investment) produces an irrational collective outcome (vast overcapacity).”
- JohnFen 11mo agoIts been really fascinating seeing the corporate propaganda machine shift from "there is no bubble and you're a fool if you think there is" to "of course there's a bubble, but the harm we're causing you is for the best". Seriously, screw these guys.