
My opinion about AI bubble.
As evidence by Jacket man attempt to get the Wall Street to spend more than 7% of GDP on his goodies I thought I’m sharing what I thought about the fabled “AI bubble”:
I think it’s not because as St Powell said:
Big tech (especially Google) is a positive cash flow company.
What will happened if >7% GDP turns out to be too much is this:
Big tech and NVIDIA gonna assume big chuck of it, make a massive write off, the CEO (including leather jacket man) get absolutely purged, Hedge fund bid the bottom out of existence, use the accumulated share to put themself as a CEO, put big tech into austerity as brutal as Greeks one, cash in, and things continue on.
u/Ronoh — 8 days ago