4 ms·
What’s the feedback loop that leads to a total financial collapse? This looks much more like dotcom bubble. Everyone knows where the exposure is.
by jeremyjh 6mo ago
What’s the feedback loop that leads to a total financial collapse? This looks much more like dotcom bubble. Everyone knows where the exposure is.
- overgard 6mo agoI think it comes down to scale (there's like 2 trillion invested so far by very large institutions) and also AI hollowing out foolish companies that decided to go "AI native" and downsize and lose institutional knowledge. When the rug pull inevitably comes and the AI subsidies are gone, the entire idea of "efficiency gains" in a lot of places is going to look pretty bad as soon as they look at their bill.
- andrekandre 6mo agoif that happens, its going to be one hell of a mess of dominoes to clean up...