Comment on The Value of NVIDIA Now Exceeds an Unprecedented 16% of U.S. GDP
foodandart@lemmy.zip 1 month agoIt is, blessedly so. Maybe this will take the electricity-gobbling AI data centers off line and my power bill will go down.
Comment on The Value of NVIDIA Now Exceeds an Unprecedented 16% of U.S. GDP
foodandart@lemmy.zip 1 month agoIt is, blessedly so. Maybe this will take the electricity-gobbling AI data centers off line and my power bill will go down.
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
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.
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.
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
sbbq@lemmy.zip 1 month ago
Bold of you to assume that anyone will learn any lesson at all.
altasshet@lemmy.ca 1 month ago
Remember the Tulips? We’re not good at learning long term lessons.
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.
Brunbrun6766@lemmy.world 1 month ago
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SkaveRat@discuss.tchncs.de 1 month ago
When millions of people lose their jobs and homes, yes