I don’t think the AI crash would effect the daily life and real life job, industries. Its effects will be limited companies that are invested in this bullshit, which are running this long term pump and dumb con.
In the end this bullshit doesn’t have real value in the market like food or healthcare. All they have to show for is some bullshit evaluation on paper and they have nothing real to show for these trillion dollar companies.
A fair few of the companies would also never be allowed to go under. Microsoft, Google, Oracle, Amazon, etc are basically insulated from any ill-effects, because they would considered too big to fail, and be bailed out if anything major happens.
I don’t think the AI crash would effect the daily life and real life job, industries. Its effects will be limited companies that are invested in this bullshit, which are running this long term pump and dumb con.
In the end this bullshit doesn’t have real value in the market like food or healthcare. All they have to show for is some bullshit evaluation on paper and they have nothing real to show for these trillion dollar companies.
The effects of the housing bubble will be limited to the lenders and borrowers of subprime mortgage debt.
About a third of the US’s economy right now is this AI pump-and-dump scam. When, not if, that goes away, there will be a huge ripple effect.
I mean the subprime mortgage crisis was also just in the airy heights of finance … until it brought the world economy down.
A fair few of the companies would also never be allowed to go under. Microsoft, Google, Oracle, Amazon, etc are basically insulated from any ill-effects, because they would considered too big to fail, and be bailed out if anything major happens.