this post was submitted on 03 Apr 2026
408 points (99.0% liked)
Technology
83452 readers
4147 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
All that venture capital. Gone into rich people’s pockets.
It's debt stacked on debt. The money isn't real, just the consequences of decades of credit expansion.
Now we either deal with a cascading wave of defaults (a la '29, '73, '86, '08, and '23) or we rush in with state credit to bail out all the private lenders.
But there's very little real money in real pockets. At the end of the day, it's borrowing power that makes you a billionaire.
Where do you think the venture capital is coming from?
Other rich people.
The venture capital is just piles of money in other rich peoples pockets. As I understand it, the AI bubble is funded by massive amounts of saudi oil money anyway.
Its kinda like the jokers cash bonfire, but its Sam Altman pleading for more of it while eagerly dousing it in gasoline.
and ME countries likely isnt getting much influence out of trump, and white house, as they claimed too. they are paying for nothing. like they were already investing in sportswashing, EA, and other ventures at least that has value to SAUDIs.
its all a pissing contest between people we really aught to hang from the rafters.. The consequences of their pissbaby behaviour is ours to bare.
We should be making soup out of them.
Couldn't happen to a nicer pack of jackals.