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In China, the AI bubble has already burst (www.reuters.com)

submitted 6 days ago* by inari@piefed.zip to c/technology@lemmy.world

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[–] shalafi@lemmy.world 33 points 5 days ago

Point 3 is the Buffet Index. In 1929 and 2007 it was at 130%. Guess where that extra 100% comes from. AI companies and AI speculation. We are so fucked.

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