so comic sans
finitebanjo@piefed.world 11 hours ago
It would be hilarious to see these companies going balls deep into AI only to suffer massive losses and try to push those losses onto others
if it weren’t so sad.
Kenny2999@lemmy.world 11 hours ago
Cybersteel@lemmy.world 9 hours ago
They always do. Get bailed out by the government using taxpayers money. If it was truly capitalism they would be left to rot by the side of the road.
Broadfern@lemmy.world 9 hours ago
Privatize the profits, socialize the losses.
C1pher@lemmy.world 8 hours ago
When nVidias bet on AI collapses eventually, it will be catastrophic cascade of events, worse than the Great Depression.
finitebanjo@piefed.world 15 minutes ago
I think the nVidia bubble is pretty inconsequential since they don’t actually produce anything which people rely on to live a normal life.
If we do degrade that far it will be because of Republicans reigniting WWII fascism.
Someonelol@lemmy.dbzer0.com 8 hours ago
It’ll be as cathartic as it’ll be catastrophic. I’m personally looking forward to the devastation this folly will bring, if only to see PC parts makers come back to the consumer market with hat in hand.
MurrayL@lemmy.world 8 hours ago
Except there won’t be much of a consumer market to come back to, due to the aforementioned economic devastation.