this post was submitted on 21 Dec 2025
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Racing towards the Singularity, a thing that is definitely real and exists and is achievable in our lifetimes.
Industrial dinosaurs have a way of sticking around in strict defiance of market forces. The O&G industry is a great example. They've been able to outrun more efficient and cost-effective methods of production and application of energy for decades, in large part thanks to lobbyist-lead state investments in long-term infrastructure and buying out / shutting down of competitors.
I do think the AI boom is facing bigger headwinds than the automotive or airline industries, in large part due to their bloated balance sheets and highly speculative asset prices. But in the same way the big 2008-era investment banks were saved by a multi-trillion dollar bailout from the Fed and the Treasury, I have no doubt Silicon Valley is simply Too Big To Fail in the long run.