HaraldvonBlauzahn@feddit.org to Technology@lemmy.worldEnglish · 13 days agoBanks are now trying to offload the AI data center debt they just underwrotestartupfortune.comexternal-linkmessage-square91linkfedilinkarrow-up110arrow-down11cross-posted to: usa@midwest.socialusa@lemmy.mlus_news@lemmygrad.mlfuck_ai@lemmy.worldthe_big_lai@lemmy.dbzer0.com
arrow-up19arrow-down1external-linkBanks are now trying to offload the AI data center debt they just underwrotestartupfortune.comHaraldvonBlauzahn@feddit.org to Technology@lemmy.worldEnglish · 13 days agomessage-square91linkfedilinkcross-posted to: usa@midwest.socialusa@lemmy.mlus_news@lemmygrad.mlfuck_ai@lemmy.worldthe_big_lai@lemmy.dbzer0.com
minus-squareGammelfisch@lemmy.worldlinkfedilinkEnglisharrow-up0·12 days agoIs this similar to the Dot.Com bubble burst?
minus-squareScrollone@lemmy.ziplinkfedilinkEnglisharrow-up0·12 days agoI think we’re getting close to a pop.
minus-squareripcord@lemmy.worldlinkfedilinkEnglisharrow-up0·12 days agoPeople always say that, never happens
minus-squareElChinchilla@lemmy.worldlinkfedilinkEnglisharrow-up1·11 days agoEnron never happened. Let’s check on my Lehman Brothers position.
minus-squareNo_Ones_Slick_Like_Gaston@lemmy.worldlinkfedilinkEnglisharrow-up1·11 days agoDude my pets.com stock is hot💎 🙌💎 🙌
minus-squareI Cast Fist@programming.devlinkfedilinkEnglisharrow-up1·11 days agoDude, I’m this close to trading my beenz for a million dollars!!!
minus-squareRcklsabndn@sh.itjust.workslinkfedilinkEnglisharrow-up0·11 days agoSpeaking as an ancient person that has survived 40+ years of a capitalist hellscape, Yes. The bubble always bursts. It is a thing that bubbles do.
minus-squareBigDanishGuy@sh.itjust.workslinkfedilinkEnglisharrow-up0·11 days agoI remember the wall coming down and Denmark winning the UEFA cup in '92… I think the AI bubble is gonna be so much worse than dotcom or housing in 2008. To me this AI bullshit is the dotcom on steroids.
minus-squareJaysyn@lemmy.worldlinkfedilinkEnglisharrow-up0·11 days agoAnd we won’t even get infrastructure out of this. Just a bunch of half finished data centers & $500B in currently warehoused specialized GPUs that can’t easily be repurposed.
minus-squareBigDanishGuy@sh.itjust.workslinkfedilinkEnglisharrow-up0·11 days agoAND an industry that has an inflated sense of pricing
Is this similar to the Dot.Com bubble burst?
I think we’re getting close to a pop.
People always say that, never happens
Enron never happened. Let’s check on my Lehman Brothers position.
Dude my pets.com stock is hot💎 🙌💎 🙌
Dude, I’m this close to trading my beenz for a million dollars!!!
Speaking as an ancient person that has survived 40+ years of a capitalist hellscape, Yes. The bubble always bursts.
It is a thing that bubbles do.
I remember the wall coming down and Denmark winning the UEFA cup in '92…
I think the AI bubble is gonna be so much worse than dotcom or housing in 2008. To me this AI bullshit is the dotcom on steroids.
And we won’t even get infrastructure out of this. Just a bunch of half finished data centers & $500B in currently warehoused specialized GPUs that can’t easily be repurposed.
AND an industry that has an inflated sense of pricing