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 5 weeks 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 5 weeks ago
buddascrayon@lemmy.world 5 weeks 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 5 weeks ago
Interesting. And what was the how back then?
dontsayaword@piefed.social 1 week ago
Sub-prime mortgages going into default en masse
SaveTheTuaHawk@lemmy.ca 5 weeks ago
Jacked to the tits…
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