Most of the European digital infrastructure is caught in the web of Microsoft, and will be pulled down with it when Microsoft inevitably lose their bets on AI.
Comment on The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops
SabinStargem@lemmy.today 3 days ago
My money is on the American bubble popping. China would do just fine. As to Europe’s? Probably not developed enough to seriously impact them, but probably able to fill America’s void once the bubble action has died down. America is pretty fucked in general, so it isn’t so much AI in particular, but rather a ghost economy.
Something based on imaginary stocks, grift, de-industrialization, ghost jobs and falsified labor statistics, likely mixed with a debased dollar, just doesn’t bode well.
Muffi@programming.dev 2 days ago
1984@lemmy.today 2 days ago
Pulled down how? They will just keep using office or azure or whatever. No changes.
Seems to me that the stock may drop 20% but otherwise, what consequences will it really have?
Axolotl_cpp@feddit.it 2 days ago
Europe should focus mlre on using mivrosoft, google and amazon (european) alternatives
vurr@lemmy.today 2 days ago
What a shitty take. Imagine betting on something with a poor human rights record and countless privacy violation. America may have it’s faults, but it will get ironed out like it always does. I’m hoping for everybody’s sake that China doesn’t become the new global superpower. America has the soft power thing down to the t at least.
As for the other claims you made, source?
In my humble opinion Bush kind of fucked America up, but that is fixable.
SabinStargem@lemmy.today 2 days ago
Dude. I live in the US, and would like it to be a super-awesome place that genuinely leads the world in morality and prosperity. Unfortunately, my nation has been going down the toilet. If you haven’t noticed, things like ICE’s raid on Hyundai, the undeclared war and crimes upon Venuzela, over 1,800 people disappeared from Alligator Alcatraz, Mike Johnson refusing to open congress, and other bouts of malicious stupidity are very bad signs for the future.
In any case, I don’t like China, but it is likely to be a superpower for awhile until India or someone else takes the crown. The crown was America’s to lose, and I am pretty sure we are losing it.
Tollana1234567@lemmy.today 2 days ago
even if chinas AI doesnt work out, they probably do a slow deliberate fall, orchestrated by the ccp. much like they did with the evergrande ponzi scheme.
Gorilladrums@lemmy.world 2 days ago
This is literally describes China, what are you even talking about?
SabinStargem@lemmy.today 2 days ago
It is a matter of degree. While China has issues, America’s is much worse across the board.
vurr@lemmy.today 2 days ago
You’re an actual moron if you truly believe that.
Gorilladrums@lemmy.world 2 days ago
Again, what are you even talking about? Literally everything you listed China is doing much worse in, not to mention other major issues like a demographic crises on top of everything else.