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The economy is cracking. This trend is most alarming.
(www.washingtonpost.com)
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this post was submitted on 07 Aug 2025
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When the AI bubble pops, it's going to be worse than the mortgage crisis.
I know this is a hot take here, but I don't think the AI bubble will ever fully pop. We've been looking at it like its just another business investment: something investors pour money into because it'll one day turn a profit. It's not. Its military spending in the class war. The dream of an AI worker who can replace all human labor is the Manhattan Project of the owner class, and they will happily spend (not invest, spend) their excess wealth chasing this dream no matter poorly these tools preform or how little market there is for them
Eventually, there has to be profit? I get where you are coming from, but there has to be a point where there is a margin call? Can we really expect that much solidarity from the owner class, to turn down profits?
I think governments will just step in to ensure profits. The technology is seemingly perfect for surveillance, suppression, imprisonment, and counterinsurgency.
Sure, sometimes innocent people will be hallucinated into being terrorists and killed, but it's not like the government will care.
The only way I see the bubble popping is if Hamas ultimately proves the technology can be defeated by guerilla tactics because governments would pull out their investments as a result. Then the bubble will pop.
I don't think it's solidarity. More of a shared delusion. Robot slaves are just too exciting and whoever gets them first would quickly become chief oligarch. Its worth losing money to chase that dream
You and I
as if an ai with human intelligence and the ability to learn wont want things
GPT 5 coming out today so that might be soon if it's a disappointment
I think it's going to have more to do with the fact that none of these AI companies are making any money. They're lighting mountains of venture capital money on fire with nothing to show for it. I don't think the bubble will pop until rent is due.
I really don’t think the profit margins on AI atm are important for capital.
AI is the golden goose for capital, it’s the promised land, valhalla…a cataclysmic event for life on earth materially and existentially speaking. The promise of AI is the abolition of the most cumbersome cost of every business: labor.
Imagine the circling of wagons every time a sucdem gets publicity, but like 4000 times worse, they will coalesce around this development and they will absolutely dump all of their wealth to achieve this promise, no matter how unfeasible and illusory it is
For the time being, sure, yeah they will. But how long will this go on for without satisfactory, proven results?
So far, while there has been some labour replaced by AI (for example, with very straight-forward and simple jobs/tasks like reading audio books) it's been piecemeal at best. Some companies that have tried to replace their frontline support workers with AI have had to backtrack and hire back their human workers. Some companies that replaced their developers with AI generated code had to backtrack and hire engineers to figure out why their servers were running like ass - oh, whoops, the AI code was dogshit wrapped in cat shit!
The AI companies keep promising that "it will get better" and "we pinky swear we'll be profitable by 2030" and "this is just the beginning" but these empty promises can't go on forever, especially with the tens (hundreds?) of billions of dollars being lit on fire.
Looking forward to my YouTube suggestions being 'This changes everything', 'We are cooked' etc etc
I dunno, who's gonna lose their homes? AI is so concentrated at the very highest heights of the capitalist class, with very little relevant workforce, that I see it blowing up in their faces more than anything.