Every Other Dracula
Gabriele SveltoWe're all wondering when this bubble will burst, but what if it already has? The flash of a distant explosion might not look like much, but only until the shockwave reaches you
Eniko Fox@gabrielesvelto gosh it's almost like nobody wants their AI trash forced into everything and it's actively damaging their relationship with customers (on top of the whole windows 10->11 e-waste debacle)
Fluffy Kitty Cat@eniko @gabrielesvelto at least that one was a good excuse to get a really cheap laptops and put Linux on them. Between that and the steam deck Linux has been doing fantastic
Aurimas Černius@gabrielesvelto with private credit burst already happenning and something going on with Iran I don't think there is steam left for AI bubble to continue.
Leendaal@aurisc4 @gabrielesvelto especially where they thought IT would be good to run datacenters on gas and oil.
HJVT@gabrielesvelto my personal crackpot economic theory is that the 2008 financial crisis never actually ended
SaftyKuma@hjvt @gabrielesvelto
That's because it really didn't for much of the working class in the US, and instead of moving away from the trickle-down scam that lead to it, our "leaders" triple-downed on it.
That's because it really didn't for much of the working class in the US, and instead of moving away from the trickle-down scam that lead to it, our "leaders" triple-downed on it.
@hjvt @gabrielesvelto the stock market recovered after a few years, but the quality of life degeneration and instability never did. I've thought the same thing for a long time
potentially hazardous object@fluffykittycat @hjvt @gabrielesvelto the people responsible for it just ended up diversifying and ending up in control of every single industry
@apophis @hjvt @gabrielesvelto and underrated thing no one talks about is how the 2008 crisis was the end of housing stability. Immediately after the crisis you couldn't get a loan for a house even though they were cheap, the banks decide to hold on to the foreclosed houses and rent them out and afterwards housing began a meteoric rise in cost
Steve Purcell@hjvt @gabrielesvelto agree, and here's an article I enjoyed that expressed a related sentiment: https://daverupert.com/2025/08/the-economy-he-died-five-years-ago/
The Economy? He died five years ago.
I hold a conspiracy theory the global economy died five years ago during Covid. It’s been on life support through stimulus checks and flash tech hype cycles ever since trying to keep the dormant heart beating. You sense it too. There’s no beating heart. There’s no thumping energy. No vein of excitement. Tech and knowledge work seems to be suffering the most.
very normal person@gabrielesvelto oil prices doubling will give it a little nudge also
luca@gabrielesvelto It won't probably explode, but more or less gradually deflate the balloon. Who's on top of it will fall, others will witness the "gentle tsunami" of the empty ballon, that is maybe going to sweep them away, while they still don't understand why and what.
Alex@gabrielesvelto this is not due to AI, but due to their failed VR project
DianeIts probably a bunch of things. Theres been massive capital expenditure into AI hardware, severe enough they've had a bunch of layoffs, and yet AI is not generating significant revenue. Their core products are becoming increasingly insecure and flaky due to some combination of AI coding and layoffs. Management is squeezing the users with more ads and corporate tie ins making their products actively hostile to users. And being located in the Trump USA means much of the rest of the world no longer trusts them to host data, as the irrational trump administration may demand confidential information or randomly impose sanctions on government employees.
Every one of those is a reason to avoid Microsoft products.
François @Jura@gabrielesvelto how the bubble burst will feel like...
https://m.youtube.com/watch?v=FyzE9thQIPo&t=77s&pp=2AFNkAIB0gcJCZoBo7VqN5tD
LOTR The Return of the King - Sauron Defeated
FruitConsumer@gabrielesvelto
Well, who knows. There was a lot of investment in physical hardware for processing plants. After those become less valuable due to them having less of a purpose to exist, the bubble will properly pop.
But theoretically there could be some way to repurpose them or maybe they were never intended for the publicly expressed purpose.
Well, who knows. There was a lot of investment in physical hardware for processing plants. After those become less valuable due to them having less of a purpose to exist, the bubble will properly pop.
But theoretically there could be some way to repurpose them or maybe they were never intended for the publicly expressed purpose.
Pēteris Krišjānis@FruitConsumer @gabrielesvelto many have written that this bubble will be forst to actually write off majority of assets created.
Bruce Elrick@gabrielesvelto Its hard wanting things to go south since I know its going to be bad for everyone, but the longer we delay the reckoning, the worse it will be.
the_blackwell_ninja [EST]@virtuous_sloth @gabrielesvelto
Yes, the techbros have ensured the pain is already baked in. The best we can do now is rip the band-aid off and deal with it before it gets any worse.
Yes, the techbros have ensured the pain is already baked in. The best we can do now is rip the band-aid off and deal with it before it gets any worse.
Sissas@gabrielesvelto sickos.jpeg
datenwolfsmooth_lawnchair_unfold_this_gonna_be_good.gif
@gabrielesvelto yes, it has. They hid correction in "Iran war" fallout. No one wants to look stupid for betting on tulips.
no0ne@gabrielesvelto not soon enough
Nicole ParsonsNow, it's time to swiftly deal with AI's allies.
https://www.nytimes.com/2025/12/20/us/politics/koch-network-2024-election-trump.html
https://www.desmog.com/2025/12/11/the-koch-network-is-pushing-trump-to-accelerate-ai-documents-show/
Fund a Fascist, and Find Out.
witchescauldron
Duchamp Pérez@Npars01 @gabrielesvelto Such a mystery. How about they can pay taxes and tell their politicians to have single payer health insurance, guarantee income, push for real labor rights and the enforcement of anti trust. There, I solved it for them. No need for some foundation
Cassian@gabrielesvelto This doesn't seem to be an article about the AI bubble bursting:
"The company is doubling down on capital expenditures, which has led to concerns that software growth may decelerate, and investors are selling software stocks over fears that AI vendors may replace Microsoft's products."
@cassolotl the article isn't, but Microsoft's stock collapse is. Microsoft is at the center of the AI circus. They own 20% of OpenAI and have stuffed every single product they have with chatbots. And yet they're rapidly declining. If there were anything good in AI they'd be benefitting from it, instead they're suffering, as they should since they're throwing away good money to fund a bunch of smoke and mirrors.
@cassolotl @gabrielesvelto the capital expenditures are on AI data centers
sortius 
@gabrielesvelto I've been saying since December that the crash has already happened, they just don't know yet
Aubrey De Los Destinos@gabrielesvelto @oaj Music to my ears.
@AubreyDeLosDestinos @gabrielesvelto @oaj Looking forward to the SaaS age ending. I use mostly local software, but still.
Although AI as a service is not an improvement.
@AubreyDeLosDestinos @gabrielesvelto @oaj The One Weird Trick is if you can just ask the AI to do the work rather than have to pay for expensive purpose built software.
If so, the cost of AI will drop rapidly and the extreme costs that SaaS vendors can charge will end.
SaaS was the biggest IT scam since printer cartridges and punched cards. It needs to end.
@AubreyDeLosDestinos @gabrielesvelto @oaj The anti-SaaS argument: if you were a lawyer in the old days, where your output to the client was printed documents, then you could use WP 5.1 forever if you liked it. You never had to pay again. You got a PC tech to copy it to the new PC if the old one broke.
If you were a graphic or CAD artist you could use the same Adobe or AutoCAD for years.
The idea that you have to pay one vendor a monthly fee to practice your trade is new, evil, and must end.