Comment on Everyday AI looks more like the '08 housing bubble
Knock_Knock_Lemmy_In@lemmy.world 8 hours agoBut if AI pops then that doesn’t mean that people will stop buying things.
Very few people are employed by the AI industry. Most people’s income won’t change. Most people’s consumption won’t change.
boonhet@sopuli.xyz 3 hours ago
Poor people don’t have money to spend on much else than food and housing. Anyone with money is going to have stocks in these companies.
Also the AI industry is Microsoft, Meta, Google, Nvidia, AMD and a few others. They employ quite a few people.