Victim of Communism

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Joined 3 years ago
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Cake day: June 14th, 2023

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  • Everyone knows the collapse of the AI bubble is imminent

    Paul Krugman was predicting the Housing Crash as early as 2004 in his NYT column.

    Everyone knows except the people who are investing billions of dollars into AI and their press.

    The theory of the modern tech industry is that you can simply outrun your problems. Meta/Facebook has done this repeatedly, leaping over multi-billion-dollar failure after failure based entirely on the inertia of their core product growth combined with low interest rates and a bullish long term economic outlook.

    Even in the worst-case scenario, we have such an enormous array of tools to manipulate markets - as demonstrated in 2008 and 2014 and 2020 - that investors are reluctant to sell with a massive federal bailout always on the horizon. And we’re far from the worst-case scenario. '26 Q2 was a historic earnings season. We are in the middle of the biggest bull market in history.




  • also don’t want my thoughts and comments to be an income stream for a for-profit organization

    I mean, you’re fooling yourself if you don’t believe Lemmy has been scrapped by a thousand crawlers by now.

    I’m more paranoid about how many accounts are bots than about some data aggregator getting my dumbshit hot takes as training data.


  • UnderpantsWeevil@lemmy.worldtoProgrammer Humor@lemmy.ml•Welp
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    2 months ago

    When you’re working on a big enough project, you’ll inevitably find yourself acting as a condom between people who don’t understand your niche field and the thing you’re all building together.

    That’s not unique to Claude. However, the fact that Claude can drop big salty loads far faster than you can catch them does present additional challenges.