166
Nvidia and OpenAI abandon unfinished $100-billion deal in favour of $30-billion investment
(financialpost.com)
this post was submitted on 20 Feb 2026
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so that's a 70% downwards revision... but sure, iT'S nOt a buBBle!!
The problem is every CEO knows it's a bubble, and all are just trying to kick the can down the road long enough they can get out with their money before it bursts.
Everyone knows it's going to happen. But to admit it would be career suicide, with the amount of money at stake for so many people, it might legit cost them their lives if they're honest.
Trillions and trillions of dollars that could disappear in the blink of an eye when stock prices hit zero.
And when the big ones go to zero, there's a very good chance it crashes everything because a few megacorps own everything.
Ironically the real apocalypse AI is likely to cause, is some kind of Mad Max situation after the bubble bursts. Especially in America where necessary infrastructure like food supply is run by private mega corps, if grocery stores are empty for two weeks shit gets insane quick.
which is why a functioning government should keep this thinly veiled casino in check... but they are not and we will all pay for it
Silver lining: it's gonna get bad enough we can start nationalizing shit as early as 2029 like FDR did after the great depression.
If a candidate said:
Fucking 99.99% of voters would listen to anything else they had to say.
There's so many things that need fixed that everyone agrees on, we just haven't had a candidate free of corporate influence.
But the next Dem primary is a better shot than we've ever had. We just need to make sure as many people as possible vote in the primary.
After electing the orange pedo menace TWICE into office, I sincerely doubt this
Yeah, they're really not taking into consideration how effective the propaganda has been over the past 10 years or so. It's frightening that you literally cannot convince people with facts and logic at this point, and it truly feels unwinnable.
Huh?
A big reason trump got so many votes is he lied about draining the swamp and his voters are dumb enough to believe him.
They can be dumb and believe someone who means it when they say it.
Like, you're making a valid point, then reaching the literal opposite conclusion that logic should take us too
We can't afford to be that shortsighted, think stuff thru.
hmmm Trump is most deeply unpopular for doing the things he said he'd do... forced deportations, ICE, etc
The entire Project 2025 was out and morons still voted the pedo in...
I'm sorry but there may be smart Americans out there but, and a population, Americans are basically a blob of idiotic sociopaths
You're missing the point...
Even with the dumbest audience possible, if two people are trying to convince the audience a charismatic liar can win if their opponent is also lying or has no charisma.
But no matter how charismatic or how good of a liar. It's really fucking hard to beat someone with average charisma who doesn't need to lie about wanting to help people
Look at Mamdani, I love the guy.
But people act like he's dripping charisma just because he's compared to Eric Adams.
He's not that charismatic, watch his interviews with Mero, he's a nerd from the Bronx.
It's just an honest person that wants to help doesn't need a lot of charisma, cuz they're not selling lies
The day Mamdani won the primary, the current chair of the DNC came out saying all this too, and saying that's what we need as a dem.presidential candidate in 2028.
https://www.pbs.org/newshour/show/dnc-chair-on-the-path-to-winning-back-voters-and-lessons-democrats-can-learn-from-mamdani
hmmm I am still skeptical.
I believe the only reason Mamdani won (and I am happy he did) is because trump went off the rails immediately after getting voted in. It literally took democracy to basically collapse and people to literally die on the streets for some groups to wake up
Had Mamdani ran a few years back, even during trump's first gov and the ingrained racism in American society would have kept him way out
Don't get me wrong, at the end of the day I hope you are correct and I am wrong as you are presenting a reasonable path for improvement. I am just too jaded now to believe there is such a thing as common sense
For you...
It took demographicsyou identify with experiencing those things for you to notice groups waking up.
But different demographics have been thru this for generations, and various groups have been waking up to it for just as long
So congrats for joining us. Just try to remember you're not the first, and you hopefully won't be the last. Look around and realize that as you come up with "new" ideas, some people been in this so long they learned it from their grandfather before they learned how to ride a bike.
That's a good thing for you. You don't have to start from scratch.
Just open your eyes some more, stay woke, don't get mad your not a leader and quit.
I am not claiming nobody noticed... I am saying the overall voting population of the USA did not.
Sure there have been people sounding bells of this collapse for a while but nobody listened and the USA voted a pedophile into office for a second term.
If SOME people noticed earlier, well that's great, but at the end of the day the dumb masses drove the country off the cliff
You still don't understand.
But unfortunately repeati g my advice is unlikely to help regardless of if I do it now or a month from now if we run into each other again.
Nothing personal, I just don't wanna go thru this again later if I know how it'll end.
yes, I do not get what you are trying to say... it didn't even sound like advice.
I am not trying to be confrontational, I just don't get what your point is
They are going to put everyone’s retirement into the money pile, pull their money out, and then shrug when it collapses. How could we have predicted this?
Bubbles don't burst for rational reasons. They burst because the lie can't be held together any more.