Thread #61925095
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Is AI a bubble or not?
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>>61925123
What's THE bubble in your opinion then?
I thought inflation has curbed thanks to:
>one of the lowest money printing eras US has seen in the last 100 years (relative amounts not absolute)
>most food commodity prices falling for ~4 years straight
>oil prices sliding for ~4 years
>COVID lockdowns ending
>global trading rerouting adjusting after Ukraine-Russia war start shock
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>>61925165
THE bubble is THE bubble. It's the culmination of all debt, the credit bubble we've been inflating since 1971, arguably 1933.
>most food commodity prices falling for ~4 years straight
a 20% decrease after a 200% increase doesn't really mean much brother
>COVID lockdowns ending
>global trading rerouting adjusting after Ukraine-Russia war start shock
>oil prices sliding for ~4 years
don't necessarily indicate inflation is being curbed, at least not meaningfully
in fact, inflation has been so debilitating to the younger generations and working class that we're going to see a deflationary spiral, not because our currency isn't inflating, but because absolutely no one has money to spend, thus everyone starts to speculate, invest, save, or just simply not spend and become a do nothing husk that never even reproduces
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>>61925095
Yes, but perhaps like the dot com bubble in 2001, it has the right ideas but people acting like this shit is AGI when it's closer to google search 2.0 right now. In my opinion CEOs are mainly to blame because they overpromise to make their stocks go up. Isn't misleading investors a crime?
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>>61925301
The bubble deflates when the creditors ie banks decide to pull the credit
https://youtu.be/2f2kGHcdJYU?si=89Hrgq_CmcRQRAop
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>>61925095
Define something being in a bubble before I emphatically insist you're dumb.
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>>61925301
To be frank, LLMs are like programming frameworks on steroids and the latter led to the entire industry being outsourced to a place that still struggles to implement indoor plumbing. You just look stupid for pretending it's not useful.