Comment on The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops
AcidiclyBasicGlitch@sh.itjust.works 2 days agoIt was so over hyped from the beginning though. The broligarchs insisted as long as we fed it all of our data, and threw unlimited money at it, there was no way it wouldn’t be a success. That’s literally all America has been doing for nearly a year. They’ve forced it into every government department possible, even places where it clearly didn’t belong. They’ve thrown billions at it, they allowed fucking 19 year old DOGE fuckwads to access hoards of sensitive data on every U.S. citizen, and watched as they stole every cent they could get their hands on. After all of that, how much has AI in the U.S. actually improved since January 19th, 2025?
Gorilladrums@lemmy.world 2 days ago
I don’t think there’s anything inherently wrong with the technology itself. It really is exciting stuff that has a lot of useful applications. The issue has always been that the growth and development is driven by greed rather than realizing potential. With no government accountability or regulation and with the populace ignorant and apathetic, a bubble was bound to be the outcome
AcidiclyBasicGlitch@sh.itjust.works 2 days ago
I agree, the potential for what AI could be is extraordinary.
The mess that the broligarchs/“technocratic elite” have created in the U.S. by insisting they be handed full control and be allowed to treat the entire country like their personal playground, has only proven exactly why oversight and regulations should exist and why monopolies shouldn’t.