@haui @antifaintl Granted, those that seeked to start #WW2 did so because their #greed form #money and #power was not saturateable with any actual economy.

1929 happened not in a vacuum, but due to extreme overproduction that exceeded #MarketDemands so extremely that it had to pop as a #BubbleEconomy.

Interestingly, the #capitalist - #fascist "#BusinessPlot" in the #USA failed because their attempt to recruit a #USMC #veteran resulted in him blowing the whistle, which the #press at the time that was wholly embedded in it discredited it as "#FakeNews" and to this day this story is mostly #blackholed instead of taught in #HistoryClasses!

https://en.wikipedia.org/wiki/Business_Plot

#USpol #History #fascism

Smedley Butler - Wikipedia

Similar to #VR, "#AI" will also inevitably die as #bubble because #humans genuinely want to #learn and know how stuff works and be able to #fix stuff.

  • They may not want to do it themselves, but they want to have the #freedom to do so or choose whom to do it for them...

And that, if not the #unsustainable #growth demands to #ROI, will kill the #AIbubble for good!

#tech #bubble #BubbleEconomy

Is It a Bubble?

In his latest memo, Howard Marks explores if there is a bubble in AI, identifying uncertainty, parallels to past bubbles, AI's vast potential, and emphasizing the importance of prudence.

Oaktree Capital

@jbz it doesn't become that.

https://www.youtube.com/watch?v=ed4ryYokLzU&t=6m41s

Not that the #USA's entire economy isn't a bubble either...

Why I Changed my Opinion on China

YouTube