this post was submitted on 05 Aug 2025
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[–] WanderingThoughts@europe.pub 13 points 2 days ago* (last edited 2 days ago) (1 children)

Even more fun, the stock market is propped up by Nvidia and AI companies buying their chips. If AI crashes, it's a new financial crisis. And if the market crashes, the layoffs at far were just a warmup.

[–] Tollana1234567@lemmy.today 5 points 2 days ago (1 children)

they already laid off so many people, when it does crash, it will. do they expect the programmers/devs they dint fire to hold thier company over til thier next grift, with so little people.

[–] WanderingThoughts@europe.pub 2 points 2 days ago

They'll expect that and in lot of cases fail, while China, India en EU will try buy everything for cents on the dollar. Then USA starts to lose its dominant position in digital services, what's now a big part of the export. Or the government can panic and nationalize the whole sector. It's not sure how things turn out, but it'll be a weird time.