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flashman13

(1,631 posts)

62. AI - A whole lot more canned hot air for sale. I suggest you read J.K. Galbraith's The Great Crash.

Reply to Mr. Sparkle (Original post)

Sat Oct 11, 2025, 02:48 PM

Saturday

It is a quick read in clear language.

Everything old is new again.

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'It's going to be really bad': Fears over AI bubble bursting grow in Silicon Valley [View all] Mr. Sparkle Saturday OP

Can we train AI EYESORE 9001 Saturday #1

Humans like money IronLionZion Saturday #19

I'm reminded of a story about capturing monkeys in the wild EYESORE 9001 Saturday #21

Who didn't see this coming? mwmisses4289 Saturday #2

They saw it coming OldBaldy1701E Saturday #4

Nonsense. They do care. It's money. It's a lot of money. Bernardo de La Paz Saturday #8

They knew they were being crazy with their ideas about growth and income and damage caused, and they still did it. OldBaldy1701E Saturday #22

Sure, they knew what they were doing--making claims and asking for funding. Igel Saturday #36

Maybe it's time dweller Saturday #3

When AI can actually do something, I will applaud UpInArms Saturday #5

"Until cars have rear view cameras they are just toys. Only good to play with." Bernardo de La Paz Saturday #6

This conversation illuminates why it's hard to predict winners and losers. yardwork Saturday #13

Yes. You share a good perspective. . . . nt Bernardo de La Paz Saturday #18

Zuckerberg, Gates, and many other billionaires have been funding medical research. yardwork Saturday #20

The scientists who intuitively "know" how to use AI to make medical discoveries will be rare. hunter Saturday #34

It's much bigger than that. yardwork Saturday #43

The notion that humans are infinitely repairable machines is absurd. hunter Saturday #63

Those are all very good points. yardwork Saturday #69

Business loves AI for one reason customerserviceguy Saturday #50

Yes, "tireless huckster". But no, there are lots of reasons for AI that have nothing to do with prying. . . .nt Bernardo de La Paz Saturday #51

So, Robots. They're on the way. thought crime Saturday #70

6 fingered ai portraits and they think it's going to run the world? Do they know humans only have 5? Blues Heron Saturday #7

LOL..how many toes did Traitor Green have in that picture of her months back? Bengus81 Saturday #10

Maintain that attitude and you will be overtaken by events. Bernardo de La Paz Saturday #11

Let me guess, you have ai stock Blues Heron Saturday #12

Anybody who has a retirement fund is invested in AI. yardwork Saturday #14

No wonder your into it. Divest now while you can, before the bubble bursts Blues Heron Saturday #16

Ok, that made me laugh. yardwork Saturday #17

And do what? Keep it in cash, losing value through inflation? Igel Saturday #39

As to the report, I've heard versions several times on CNBC and I think it is the truth Bernardo de La Paz Saturday #42

I've seen those same reports about AI buoying the U.S. economy. yardwork Saturday #44

And that's a problem. Many have no choice how their retirement is invested. AI company bubble bursts and bam Cheezoholic Saturday #26

Agreed. Human greed is a problem. yardwork Saturday #46

You can't attack the message, so you attack the messenger by alleging corruption (self-interest) Bernardo de La Paz Saturday #15

My little quibble: MrsCheaplaugh Saturday #25

Interesting Observation. delisen Saturday #28

It's my quibble too and it's not a little one. They are building these massive data centers everywhere and ratchiweenie Saturday #32

This massive use of power is a temporary phase. Ten / 20 years from now it won't use so much. Bernardo de La Paz Saturday #38

There is push back on these big data centers Deminpenn Saturday #45

But at the heart of the matter is that with all of the bells and whistles moniss Saturday #37

Fine points, but I was refuting the simplistic idea that "garbage in garbage out" means that AI is useless. . . nt Bernardo de La Paz Saturday #40

Understood and I agree that AI is not useless but moniss Saturday #47

You big tech guys going to ask Trump for a refund of the millions of $$ you foisted on him? Bengus81 Saturday #9

it should be. barbtries Saturday #23

Good. infullview Saturday #24

Quibble: delisen Saturday #30

Lazy doesn't include you. infullview Saturday #49

I hope, after the crash, AI focuses more on stuff like this. Oneironaut Saturday #71

Please. Let it be a hard, hard crash. hunter Saturday #27

It will be hard Pachamama Saturday #31

Email was going to be free forever too. bucolic_frolic Saturday #29

The economic terrorists are working to destroy the economy of California. . Clouds Passing Saturday #33

Nonsense. . . . nt Bernardo de La Paz Saturday #52

Just wait and see Clouds Passing Saturday #54

I'll wait and see about things that are explained and not simply eleven-word blurts. Bernardo de La Paz Saturday #59

Call it following the path of past behavior. Educated guess. Doesn't take a genius to see where it's going. Clouds Passing Sunday #74

That is not the past behaviour. I'm not a genius and you are educated, so explain it. I don't see where it is going. Bernardo de La Paz Sunday #76

That is the reichwing trajectory, to take over the 4th largest economy in the world. Clouds Passing Sunday #80

I agree, the oligarchs want to tighten their strangle hold on wealth & income, but not that way Bernardo de La Paz Sunday #81

Everytime I hear of AI I think of Hal in 2001 space odyssey kimbutgar Saturday #35

And if AI suffers its demise... GreenWave Saturday #41

AI is certainly over-hyped Deminpenn Saturday #48

Very interesting article. Agreed: well worth the read. Thanks! . . . . nt Bernardo de La Paz Saturday #58

Venture bubbles are usually isolated WSHazel Saturday #53

The dot.com bubble caused a mild recession SamuelTheThird Saturday #56

This may be worse not bc of bubble bigger, but bc of Trumponomics in the background being propped up Bernardo de La Paz Saturday #60

This generation of AI is pretty limited. C_U_L8R Saturday #55

Also the data center issue Diraven Saturday #57

We are approaching that point. There is circular financing now Bernardo de La Paz Saturday #61

AI - A whole lot more canned hot air for sale. I suggest you read J.K. Galbraith's The Great Crash. flashman13 Saturday #62

I attended a Galbraith lecture in the later 'seventies and a discussion afterwards. hunter Sunday #75

Me too! Early 70s. He had the most wonderful and distinctive speaking style. flashman13 Sunday #77

And an incredible dry wit that would cut through the most inflated ego. flashman13 Sunday #79

Not as bad as the global bitcoin bubble which is sure to eclipse the AI bubble Glorious bastard Saturday #64

I suspect they will both explode more or less simultaneously. One will trigger the other. flashman13 Saturday #65

That's a very likely possibility. Glorious bastard Saturday #66

So our stock market is just unbridled bubbleism? mdbl Saturday #67

Correct! flashman13 Saturday #72

I can't wait. It's going to be spectacular. ❤️ littlemissmartypants Saturday #68

The bubble isn't going to burst (if it does) any time soon because... LudwigPastorius Saturday #73

It will be less of a national security issue if AI "research" (corporate exploitation) hits a wall of reality. Bernardo de La Paz Sunday #82

Don't want it, don't need it, would rather avoid it. discntnt_irny_srcsm Sunday #78

We've had a bubble and burst economy for some time. raccoon Sunday #83