bobalot@lemmy.world to Fuck AI@lemmy.world · 2 days agoThe AI bubble is 17 times the size of the dot-com frenzy — and four times the subprime bubble, analyst sayswww.marketwatch.comexternal-linkmessage-square69fedilinkarrow-up1436arrow-down16cross-posted to: news@lemmy.worldpersonalfinance@lemmy.mlpersonalfinance@lemmy.mlhackernews@lemmy.bestiver.selatestagecapitalism@lemmy.world
arrow-up1430arrow-down1external-linkThe AI bubble is 17 times the size of the dot-com frenzy — and four times the subprime bubble, analyst sayswww.marketwatch.combobalot@lemmy.world to Fuck AI@lemmy.world · 2 days agomessage-square69fedilinkcross-posted to: news@lemmy.worldpersonalfinance@lemmy.mlpersonalfinance@lemmy.mlhackernews@lemmy.bestiver.selatestagecapitalism@lemmy.world
minus-squarearsCynic@lemmy.mllinkfedilinkEnglisharrow-up5·2 days agoHow can we verify if things are paid for in cash?
minus-squarewetbeardhairs@lemmy.dbzer0.comlinkfedilinkarrow-up1·1 day agoDebt has to be issued somewhere and the banks arent saying that enormous loans are being made to pay for AI development
minus-squarearsCynic@lemmy.mllinkfedilinkEnglisharrow-up2·1 day ago Debt has to be issued somewhere and the banks arent saying that enormous loans are being made to pay for AI development Ah yes, banks, the bastions of truth and moral conduct.
minus-squarewetbeardhairs@lemmy.dbzer0.comlinkfedilinkarrow-up2arrow-down1·1 day agoWell they’re required to release public reports to both the stock market and to the fed about debts issued. That’s not really a moral subject.
minus-squarearsCynic@lemmy.mllinkfedilinkEnglisharrow-up1arrow-down1·1 day agoMy confidence that these reports aren’t distortions of the truth is slim considering banks run on greed. Their track record doesn’t help either.
How can we verify if things are paid for in cash?
Debt has to be issued somewhere and the banks arent saying that enormous loans are being made to pay for AI development
Ah yes, banks, the bastions of truth and moral conduct.
Well they’re required to release public reports to both the stock market and to the fed about debts issued. That’s not really a moral subject.
My confidence that these reports aren’t distortions of the truth is slim considering banks run on greed. Their track record doesn’t help either.