How exactly is AI crashing the economy....? Do you walk around with these beliefs every day?

when bubbles burst crashes follow. this is a colossal bubble. i do walk around with that belief every day, because every day that passes is yet another day when this overblown AI hype bullshit fails to deliver the goods.

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rockemsockem 6 days ago | parent [-]

So you think the entire perceived value of AI will be wiped out.

I think we probably are in a bubble, but much like housing bubbles in major metro areas, the value is real and so the bubble is on top of that real value vs being 100% synthetic.

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jcgrillo 5 days ago | parent [-]

Yes, because big market crashes don't just impact the previously inflated sectors. They hurt all the sectors. So the wipeout could easily exceed the current perceived value of AI.

	▲	rockemsockem 5 days ago \| parent [-]
		Okay that at least makes sense to me. IMO it's also clearly wrong, because I think even if you believe most of AI is hype you must see the value that a lot of people are getting from it, like the housing market example I gave. Appreciate you explaining your perspective!