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.mlhackernews@lemmy.bestiver.sepersonalfinance@lemmy.mllatestagecapitalism@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.mlhackernews@lemmy.bestiver.sepersonalfinance@lemmy.mllatestagecapitalism@lemmy.world
minus-squarewetbeardhairs@lemmy.dbzer0.comlinkfedilinkarrow-up1·2 days 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-up2·2 days 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-down1·2 days 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-down1·2 days 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.
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.