It will burst but they won’t get fucked. They’ll either get bailed out or reorganize their debt into another corporation and ride off with all the riches.
I’d love it if their equipment racks all simultaneously burst into flame the day it pops so they can’t pivot or hock their hoarded hardware to recoup the investment. Then again, if that finger on the monkey’s paw did curl, they’d probably all get bailed out by the taxpayers the following week anyway.
I deeply, genuinely, hope that the AI bubble bursts and they get fucked. It’s just so short sighted to not hold on to the safety rope.
It will burst but they won’t get fucked. They’ll either get bailed out or reorganize their debt into another corporation and ride off with all the riches.
Ah you say that, but I lived through the internet bubble. Jeez it was gruesome and then 9/11 hit the next year. Savage times.
Unless it’s considered a national security issue, which it might be, they’re getting fucked without the lube.
So did I. The people at the top will not get fucked. They’ll steal everything they can. Everyone else will get fucked.
We can hope this time they die.
Oh yeah. Sure they’re already minted. Set for life.
A classic heads they win, tails you lose scenario.
Primitive the profits, socialize the losses.
I’d love it if their equipment racks all simultaneously burst into flame the day it pops so they can’t pivot or hock their hoarded hardware to recoup the investment. Then again, if that finger on the monkey’s paw did curl, they’d probably all get bailed out by the taxpayers the following week anyway.