Im in China, and scared. Everyone is broke, losing their jobs while on the other hand there are these giant datacenter campuses being build in the warmest and most remote places. if the bubble bursts (there is 1000% a bubble, its the same like mass maker and innovation, sharing bikes and now ai policies)… it will be bigger than any financial crisis before. The only shit I see coming out of ai hackathons and competitions here is ai tools for marketing (ai). The rest is ai slop microdramas.

To what extent do people “on the street” as it were relate this to the real estate bubble?