this post was submitted on 20 Jun 2026
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[–] hansolo@lemmy.today 1 points 1 day ago

Sure, some people heard about it in 2006. Not many, and even the people sounding alarms were called cranks up until the day after Lehman collapsed. However, right now a lot of social media is full of people basing the bubble's "any second now!" metrics on emotional AI-hate arguments, not real data points. I also thought we had crossed the line at some point, and that was 6+ months ago. Since then the Big 4 have been getting large contracts, which isn't exactly a sign of a hollow middle.

I'm sure we'll see in a couple years who was right, but I only see this as a fractional bubble where pieces fail individually, not the whole system as one.