The money to be made is on predicting when, not it it’s going to burst. Otherwise we’d all be betting the house on it.
Comment on Google CEO: If an AI bubble pops, no one is getting out clean
buddascrayon@lemmy.world 1 month ago
Make no mistake. Just like the housing bubble of 2007 and 2008 there are people poised and ready to make tons of money off of the deflation of the AI bubble.
el_abuelo@programming.dev 1 month ago
buddascrayon@lemmy.world 1 month ago
Actually it’s more about the how. The people betting against the housing market put their chips down as early as 2005. They just had to find a way to profit from it.
el_abuelo@programming.dev 1 month ago
Interesting. And what was the how back then?
dontsayaword@piefed.social 4 weeks ago
Sub-prime mortgages going into default en masse
SaveTheTuaHawk@lemmy.ca 1 month ago
Jacked to the tits…
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