this post was submitted on 04 Oct 2025
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top 17 comments
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[–] SpaceNoodle@lemmy.world 36 points 3 weeks ago (1 children)

Next bubble gonna be 64× ?

[–] Bullerfar@lemmy.world 9 points 3 weeks ago (1 children)
[–] Zachariah@lemmy.world 14 points 3 weeks ago

quite an upgrade from the 32 bits

[–] Assassassin@lemmy.dbzer0.com 29 points 3 weeks ago (1 children)

And yet, the MBAs continue to pump money into it like AI doesn't fail to provide any value in 80% of their shoehorned implementations.

[–] Corelli_III@midwest.social 15 points 3 weeks ago (1 children)

it's going to be pretty cool when the USD is annihilated by this

they really boned themselves by concentrating all of it among themselves and basing its value off of fake proof of work factories

[–] CatsPajamas@lemmy.dbzer0.com 0 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

If the USD is annihilated the great depression will look like nothing. Breton Woods ended but America is still smack dab in the middle of everybody's economy. It's why no one is calling in their debt, but keep buying it. It's a fucking global ponzi scheme.

Edit: I just looked it up and 88% of global currency trades involve the dollar.

Its the reserve currency of the world. The only thing that could replace it today is the yuan, which China is absolutely prepared for when that day comes.

The euro could also replace it, but would need additional changes from the governing body of the EU first as its meant to be an amalgamated currency and cant produce enough to be a reserve currency at the moment.

[–] xxce2AAb@feddit.dk 10 points 3 weeks ago

This is insanity.

[–] Xaphanos@lemmy.world 8 points 3 weeks ago (2 children)

The dotcom bubble produced Google and Amazon.

[–] Rhaedas@fedia.io 21 points 3 weeks ago (2 children)

I guess, if you count surviving it and having less competition. What did 2008 produce? Besides a stock reset for the rich.

[–] bigfondue@lemmy.world 22 points 3 weeks ago

They received hundreds of billions of dollars in bailout funds. That really taught them a lesson!

[–] Nobody@anarchist.nexus 15 points 3 weeks ago

The “too big to fail” banks used their bailout money to buy small and medium-sized banks that were struggling, increasing the market share of the already colossal banks that caused the disaster in the first place.

[–] FartMaster69@lemmy.dbzer0.com 2 points 3 weeks ago

Also Beanz.

[–] Buffalox@lemmy.world 7 points 3 weeks ago

Winner takes it all, we need to pump MORE money into it.
/s

[–] Someonelol@lemmy.dbzer0.com -4 points 3 weeks ago (1 children)

I'm patiently waiting for the bubble to burst and buy shares from the few surviving companies at a steep discount. It's cool to hate AI as it is now but there's more promise to it than what it's currently being used for to the annoyance of everyday people.

[–] the_q@lemmy.zip 5 points 3 weeks ago

This is your brain on capitalism...