Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Latest Breaking News
In reply to the discussion: 'It's going to be really bad': Fears over AI bubble bursting grow in Silicon Valley [View all]LudwigPastorius
(13,583 posts)73. The bubble isn't going to burst (if it does) any time soon because...
AI research is now, rightfully, seen as a national security issue.
China isn't about to step down its research, so the U.S. has to keep up. It's an AI arms race at this point. If private venture capital funds start to run dry, the government will take up the slack.
Edit history
Please sign in to view edit histories.
Recommendations
0 members have recommended this reply (displayed in chronological order):
83 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations

'It's going to be really bad': Fears over AI bubble bursting grow in Silicon Valley [View all]
Mr. Sparkle
Saturday
OP
They knew they were being crazy with their ideas about growth and income and damage caused, and they still did it.
OldBaldy1701E
Saturday
#22
"Until cars have rear view cameras they are just toys. Only good to play with."
Bernardo de La Paz
Saturday
#6
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
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
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
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
And that's a problem. Many have no choice how their retirement is invested. AI company bubble bursts and bam
Cheezoholic
Saturday
#26
You can't attack the message, so you attack the messenger by alleging corruption (self-interest)
Bernardo de La Paz
Saturday
#15
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
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
You big tech guys going to ask Trump for a refund of the millions of $$ you foisted on him?
Bengus81
Saturday
#9
The economic terrorists are working to destroy the economy of California. .
Clouds Passing
Saturday
#33
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
Yesterday
#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
Yesterday
#76
That is the reichwing trajectory, to take over the 4th largest economy in the world.
Clouds Passing
Yesterday
#80
I agree, the oligarchs want to tighten their strangle hold on wealth & income, but not that way
Bernardo de La Paz
Yesterday
#81
Very interesting article. Agreed: well worth the read. Thanks! . . . . nt
Bernardo de La Paz
Saturday
#58
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
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
Yesterday
#75
Me too! Early 70s. He had the most wonderful and distinctive speaking style.
flashman13
Yesterday
#77
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
It will be less of a national security issue if AI "research" (corporate exploitation) hits a wall of reality.
Bernardo de La Paz
Yesterday
#82