AI investment has helped keep markets and economic growth ticking along, but the IMF fears the boom could quickly turn to bust if the promised profits fail to materialize. With tech giants borrowing billions and investors piling into the same handful of companies, a selloff could leave more than just Silicon Valley nursing a hangover.

top 50 comments

sorted by: hot top controversial new old
[–] 8 points 2 days ago

The same shit every decade. The bubble should crush the economy. We all know that the economy means "rich people's yachts". To hell with their yachts.

Don't screw over the average person by giving the ultra rich more money for messing things up. That scam has been overplayed. We see through the bullshit.

  • source
  • [–] 37 points 3 days ago (9 children)

    The whole AI bubble is just one big bet: "AGI is around the corner and will replace all white collar jobs"

    Now, LLMs get slowly better but aren't AGI and it's unclear if our current approach is even capable of reaching AGI.

    Sadly the US went 'all-in' on the bet and everyone except the ultra rich will feel the pain.

  • source
  • hideshow 9 child comments
  • [–] 22 points 3 days ago

    The lack of progress is one thing.

    The value for money is another: AI companies are still burning through vast sums of capital, while users are indeed using the products more and more... but still nowhere near at a price that would even cover the companies’ costs, let alone be profitable. If each token costs a few dollars, demand is likely to shrink significantly again... because as long as the systems operate stochastically and, logically, produce erroneous results, it may take a very large number of tokens to obtain a result that’s actually usable (this is especially true when using AI to replace workers whose tasks and skills you actually have no clue about).

  • source
  • parent
  • [–] 6 points 3 days ago (4 children)

    AGI will never happen with LLMs, but if you think in terms of a human brain out can be effective language and output and image recognition module. But there's no there there. Something else entirely is needed for true thought and sentience. But llm ai is already sufficient to translate machine thought into language sentences. You just need the spark of life that can actually think for itself.

  • source
  • parent
  • hideshow 4 child comments
  • [–] 5 points 3 days ago (3 children)

    You just need the spark of life that can actually think for itself.

    I know it's probably not intentional but you make it sound as if "just putting a spark of life" into the machine is easy

  • source
  • parent
  • hideshow 3 child comments
  • [–] 117 points 4 days ago (10 children)

    If so, the technobros did this. The technobros should receive most of the consequences. There should be dire consequences but we all know who will receive most of that. The system is broken.

  • source
  • hideshow 10 child comments
  • [–] 5 points 3 days ago

    That's why the techbros made sure to buy the politicians.

    This will be like 208-2012 but this time around it's the techbros businesses which will be deemed "Too big to fail" and get saved with public money and the central bank printing money to buy their bonds, whilst everybody else pays for it with Austerity.

  • source
  • parent
  • load more comments (5 replies)
    [–] 16 points 3 days ago
    [–] 4 points 2 days ago (2 children)

    I am using chatgpt without paying them. I'm doing my part to waste their resources! When AI finally stops being shoved down my throat, it'll be a good day.

  • source
  • hideshow 2 child comments
  • [–] 2 points 2 days ago* (1 child)

    You think they aren’t harvesting your data for advertising?

    And even if you are somehow anonymized, any usage to juice their numbers is what they want.

    If you want to stick it to ChatGPT, use their competition. GLM, Xiaomi, Deepseek, Mistral, Nemotron, whatever;their absolute deepest fear is the public pivoting to actually free models. And you can use them with whatever level of privacy you wish, since you aren’t locked to vendors.

  • source
  • parent
  • hideshow 1 child comment
  • [–] 3 points 1 day ago

    I mean, we could also just not have AI at all. I dunno what point you're trying to make, but it's not landing. I am extremely anti-AI, and I want it to just go away. But, guess what, it isn't, and they will keep shoving it down our throats until the AI bubble bursts and they take the global economy with it.

  • source
  • parent
  • [–] 1 point 2 days ago

    Been doomsday-prepped since 10 years ago. Expecting the worst at anytime.

  • source
  • [–] 60 points 4 days ago

    "Greedy shitbag tech bros pushed it. Greedy shitbag investors threw every penny at it. So whoops, the whole world is held hostage. Sorry fuckos, you, John and Jane public, are going to pay to save the global economy. Greedy fucksticks aren't allowed to lose."

    ...can't wait.

  • source
  • [–] 33 points 4 days ago (1 child)

    if the promised profits fail to materialize.

    What profits? Nobody has money to spend and llm companies lose money on $200/mo subscriptions.

  • source
  • hideshow 1 child comment
  • load more comments (1 reply)
    [–] 10 points 3 days ago

    Burn it all down!

  • source
  • [–] 19 points 4 days ago (2 children)

    Yeah the "business" tycoons do that every decade or so. Some busts are bigger than others. Not much any of us can do about it unless we tax the hell out of corps and wealthy so that they can't build enough self serving shit to then dump the economy once they've scraped as much money as they can in the current cycle.

  • source
  • hideshow 2 child comments
  • load more comments (2 replies)
    [–] 29 points 4 days ago (1 child)

    Burn it all down!!! Shits not sustainable nor stable for 90% of the world population!!! Burn it all down, tech dweebs!

  • source
  • hideshow 1 child comment
  • [–] 23 points 4 days ago* (4 children)

    Buffett Index: total stock valuation vs. GDP

    1928: 130%

    2007: 130%

    2025: 220%

    Now guess where most of that stock growth and GDP came from? I'll give ya three guesses, but you're only going to need one.

  • source
  • hideshow 4 child comments
  • [–] 31 points 4 days ago*

    don't stop, i'm so close

  • source
  • [–] 19 points 4 days ago

    The economy as it stands is a house of cards built on promises no one keeps but enough people believe.

    I have never claimed to be an expert on anything but the moment you let the fate of something rest on the guess of how much it will cost if everything goes the way you think it will, when the other half of the room hope it goes the other way seems mad.

  • source
  • [–] 14 points 4 days ago (1 child)
  • I hope AI dies with a wheeze and a babble of nonsensical output that leaves the pseudoscientific and influencer crowd poring over it looking for meaning in it for decades.

  • source
  • [–] 6 points 3 days ago*

    If they were at all serious about AGI there would be less focus on ever-improving the dead end of LLMs on that. They just want employers to think they can pay robots less than their workers, full stop.

  • source
  • [–] 10 points 4 days ago (1 child)

    COVID took the global economy with it.

    Losing AI would be like... I don't even know, insignificantly small compared to that.

    If AI up and disappeared tomorrow when I clocked into work, it might actually make my job easier. I could be even more productive without having the slop floodgates open every day.

  • source
  • hideshow 1 child comment
  • load more comments (1 reply)
    [–] 12 points 4 days ago
    [–] 5 points 3 days ago (1 child)

    The impossible mission force?! What are they doing making public statements?

  • source
  • hideshow 1 child comment
  • load more comments (1 reply)
    [–] 7 points 4 days ago

    thats rich coming from the IMF.

  • source
  • [–] 4 points 3 days ago
    [–] 4 points 3 days ago

    The new pseudoscience taking out the incumbent pseudoscience is the net zero we need.

  • source
  • [–] 3 points 3 days ago (2 children)

    good

    if an oppressive corrupt regime is purposely hampering social progress for billions of people, not only should it fail, it should fail globally on a scale that resets global economies by centuries.

  • source
  • hideshow 2 child comments
  • load more comments (2 replies)
    [–] 7 points 4 days ago

    Then we riot.

  • source
  • load more comments
    view more: next ›