return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 23 days ago'Big Short' Investor Expects AI Bubble Burst 'Sooner Than Later'gizmodo.comexternal-linkmessage-square80linkfedilinkarrow-up1292arrow-down13
arrow-up1289arrow-down1external-link'Big Short' Investor Expects AI Bubble Burst 'Sooner Than Later'gizmodo.comreturn2ozma@lemmy.world to Technology@lemmy.worldEnglish · 23 days agomessage-square80linkfedilink
minus-squareHubi@feddit.orglinkfedilinkEnglisharrow-up18·23 days ago When the normies are trying to invest in AI, they’re the last to invest and know to throw money at it They are also the largest group by far. Doesn’t really mean much aside from the fact that adoption is now widespread.
minus-squarepelespirit@sh.itjust.workslinkfedilinkEnglisharrow-up28arrow-down2·23 days agoI don’t think it’s going to add up to a trillion dollars a year though, lol. AI and the Enshittification Era w/ Cory Doctorow https://www.youtube.com/watch?v=-dAIJRjb-Bw
minus-squarethallamabond@lemmy.worldlinkfedilinkEnglisharrow-up10·23 days agoThe CEO of SoftBank says they need five trillion a year. https://finance.yahoo.com/technology/ai/articles/softbank-groups-ceo-says-5-112543307.html
minus-squarewonderingwanderer@sopuli.xyzlinkfedilinkEnglisharrow-up7·23 days ago…to “meet demand.” … He’s saying “there is no bubble.” You’d think he would know better…
minus-squarethallamabond@lemmy.worldlinkfedilinkEnglisharrow-up3·22 days agoFull disclosure, I did not read that. But I did see the headline. Now that I have read that, I feel like it is a cry for help. “Those who refuse to evolve are closing down their world. Those who condemn AI are themselves spitting upward,” Son added. “If you owe the bank $100 that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.” J. Paul Getty how much skin does Softbank have in this game.
minus-squarewonderingwanderer@sopuli.xyzlinkfedilinkEnglisharrow-up3·22 days agoDidn’t they just start a partnership with one of the big US tech companies like 6 months ago or something? Sam Altman or someone like that has probably got their tendrils in this guy’s head…
minus-squareWakko@hell.cloudlinkfedilinkEnglisharrow-up13arrow-down4·23 days ago I don’t think it’s going to add up to a trillion dollars a year though, lol. It will. The real question is - what will be the price of a loaf of bread in the multi-trillion dollar economy?
minus-squaremojofrododojo@lemmy.worldlinkfedilinkEnglisharrow-up13arrow-down1·23 days agonope. their capex alone is going to destroy them, then their investors will realize they’re all fucked and the real fun will begin
They are also the largest group by far. Doesn’t really mean much aside from the fact that adoption is now widespread.
I don’t think it’s going to add up to a trillion dollars a year though, lol.
AI and the Enshittification Era w/ Cory Doctorow https://www.youtube.com/watch?v=-dAIJRjb-Bw
The CEO of SoftBank says they need five trillion a year.
https://finance.yahoo.com/technology/ai/articles/softbank-groups-ceo-says-5-112543307.html
…to “meet demand.” …
He’s saying “there is no bubble.”
You’d think he would know better…
Full disclosure, I did not read that. But I did see the headline.
Now that I have read that, I feel like it is a cry for help.
“If you owe the bank $100 that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.”
J. Paul Getty
how much skin does Softbank have in this game.
Didn’t they just start a partnership with one of the big US tech companies like 6 months ago or something?
Sam Altman or someone like that has probably got their tendrils in this guy’s head…
It will. The real question is - what will be the price of a loaf of bread in the multi-trillion dollar economy?
nope. their capex alone is going to destroy them, then their investors will realize they’re all fucked and the real fun will begin
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