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cryo32 5 hours ago

Just wait for the economics to catch up and eat the marketing. No effort required.

tim333 an hour ago | parent | next [-]

But what about the damage along the way? Misallocation of capital? Too many data centers and not enough jobs? CO2? Expensive RAM? Endless articles on HN about AI saying there are too many articles on HN about AI?

NoGravitas 3 hours ago | parent | prev | next [-]

https://theonion.com/fbi-uncovers-al-qaeda-plot-to-just-sit-...

sph 4 hours ago | parent | prev | next [-]

With everybody investing on index funds, directly or indirectly through their 401k, does economics ever have a time to catch up? Being out of the market during the crazy hype means losing out on "easy" gains, so basically it keeps going up and up, these companies get even more hyped, and I wonder what's the end game.

I keep hearing that retail investors are just small fry and have no power to affect any stock's valuation, but certainly the hype spreads to big money as well.

Even if I'm way off the mark, I would love to read about what happens to the economy in the mathematically plausible case that people keep buying and no one ever sells enough to mitigate the hype.

nh23423fefe 43 minutes ago | parent [-]

The endgame is owning equity assets which represent ownership in companies that make profits? I hold these valuable assets and then sell them in the future. What else could it be?

The assets are valuable because they represent ownership of the most productive companies on the planet?

dgellow 5 hours ago | parent | prev [-]

Though, the larger the bubble becomes the more damaging the pop will be

jgalt212 5 hours ago | parent [-]

That's my real fear, that I have massive indirect AI bubble exposure while having zero direct exposure. Similar to how relatively few Americans had liar loans, but we all got burned by the subprime crisis. And then there were those bad actors that made the crisis work for them, and we got burned again during the uneven recovery.