This article is well written and interesting. Does not actually talk about how the AI crash happens
They cut budget on data and modelling to pay for this makeover! https://www.thesaturdaypaper.com.au/news/environment/2025/02/01/exclusive-bom-diverted-hundreds-millions-cover-cost-blowouts
What shits me is they cut their meteorology budgets to pay for it
What does it take to pop this bubble? So many people are calling it a bubble but what actually makes it pop?
rock
joined 5 months ago
You're preaching to the choir on this stuff. Totally agreed that it is a massive bubble and will collapse at some point.
I'm not sure I made my point clearly - the article (and your comment) explain very well why it is a bubble and that it will/should collapse. I am saying that it doesn't explain how the collapse will happen ie the circumstances that would change between now and when it does. What I don't understand is why it isn't collapsing right now, with investors running for the hills. That kind of analysis was what I had hoped for in the article.