Comment on The Value of NVIDIA Now Exceeds an Unprecedented 16% of U.S. GDP

grte@lemmy.ca ⁨1⁩ ⁨month⁩ ago

• foodandart@lemmy.zip ⁨1⁩ ⁨month⁩ ago

  It is, blessedly so. Maybe this will take the electricity-gobbling AI data centers off line and my power bill will go down.

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  • SkaveRat@discuss.tchncs.de ⁨1⁩ ⁨month⁩ ago

    the problem is, that it will take down a whole bunch of completely unrelated industries as a fallout of this

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    • DarrinBrunner@lemmy.world ⁨1⁩ ⁨month⁩ ago

      I don’t cry for industry, I cry for the workers who constantly and disproportionately bear the brunt of the failures of industry leaders. Unregulated capitalism makes slaves of us all. And, we keep letting them do it for their forever unfulfilled promises and fearmongering.

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    • ChicoSuave@lemmy.world ⁨1⁩ ⁨month⁩ ago

      Hopefully the lesson learned from cramming a product based on a bubble of hype into everything on the market is not to do that again.

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      • FauxLiving@lemmy.world ⁨1⁩ ⁨month⁩ ago

        Oh yeah, this is probably the bubble that will finally make the capitalists act rationally.

        -Everyone in 2008, 2002, 2000, 1990, 1987, 1980, 1973, 1968, 1937, 1929, 2025

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      • sbbq@lemmy.zip ⁨1⁩ ⁨month⁩ ago

        Bold of you to assume that anyone will learn any lesson at all.

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      • altasshet@lemmy.ca ⁨1⁩ ⁨month⁩ ago

        Remember the Tulips? We’re not good at learning long term lessons.

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      • Hylactor@sopuli.xyz ⁨1⁩ ⁨month⁩ ago

        The “lesson” will be that the truly wealthy will stay so, and the rest of us will be pushed farther away, the discrepancy between our stations will diverge even further, and the relative wealth of the tippy top will increase just that much more. Don’t think for a minute that this bubble, or any bubble for that matter, is not egged on by those insulated from it’s poppings consequences.

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    • Brunbrun6766@lemmy.world ⁨1⁩ ⁨month⁩ ago

      Image

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      • SkaveRat@discuss.tchncs.de ⁨1⁩ ⁨month⁩ ago

        When millions of people lose their jobs and homes, yes

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• theneverfox@pawb.social ⁨1⁩ ⁨month⁩ ago

  We’ve been so focused on taxing the wealthy to lower inequality, but maybe the answer is staring us in the face

  What if we just nuke the economy to ruins?

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  • Tollana1234567@lemmy.today ⁨1⁩ ⁨month⁩ ago

    and start over, thats probably the only way.

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    • theneverfox@pawb.social ⁨1⁩ ⁨month⁩ ago

      …And do what now?

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• panda_abyss@lemmy.ca ⁨1⁩ ⁨month⁩ ago

  JPow says this bubble is different though

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