IronBird comments on "So, you're saying a third of the stock market is tied up in seven AI companies that have no way to become profitable and that this is a bubble that's going to burst...?"

"So, you're saying a third of the stock market is tied up in seven AI companies that have no way to become profitable and that this is a bubble that's going to burst...?" (pluralistic.net)

submitted 1 year ago by sundray@lemmus.org to c/fuck_ai@lemmy.world

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CWs: Cory Doctorow, newsletter, mentions of his upcoming book that he's selling.

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[–] IronBird@lemmy.world 3 points 1 year ago (1 child)

most of those sales on credit actually

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[–] dylanmorgan@slrpnk.net 1 point 1 year ago

So if the buyers default, nvidia is holding the bag.

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