The AI bubble is the only thing keeping the US economy together, Deutsche Bank warns: When the bubble bursts, reality will hit far harder than anyone expects https://www.techspot.com/news/109626-ai-bubble-only-thing-keeping-us-economy-together.html

#ai

The AI bubble is the only thing keeping the US economy together, Deutsche Bank warns

According to a research note recently sent to clients by Deutsche Bank, the AI boom is currently helping the US economy avoid a recession but it cannot...

TechSpot

@nixCraft

Let it happen please, so these bastards go broke…

@xs4me2 @nixCraft

The bubble will pop, but the government will bail out Big Tech the way it bailed out Wall Street during the 2008 financial crisis. Just watch.

America: socialism for the rich, capitalism for everyone else.

@firebreathingduck @nixCraft

It's what you call neoliberal capitalism.
Steal from the poor and let them starve, buy an island, and you won't even notice...

The French Revolution had a solution for it. It was quick and painless...