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I call AI a bubble because none of the finances make any sense. Everyone save for nvidia is losing money at an absurd rate (Anthropics "profitable" quarter is b
by overgard 5mo ago
I call AI a bubble because none of the finances make any sense. Everyone save for nvidia is losing money at an absurd rate (Anthropics "profitable" quarter is basically an accounting trick, not a real change). Circular financing is well known by everyone paying attention.
- bwhiting2356 5mo agoValid. That's also what I would call a bubble. But if this prediction is true, that not enough people will buy their tokens to meet their projections, then it also won't be automating away everyone's jobs. That's the contradiction.