this post was submitted on 03 Oct 2026
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538
'Big Short' Investor Expects AI Bubble Burst 'Sooner Than Later' (gizmodo.com)
submitted 6 days ago by return2ozma@lemmy.world to c/technology@lemmy.world
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[โ€“] CheeseNoodle@lemmy.world 5 points 4 days ago* (last edited 4 days ago) (1 children)

The question is can he float the problem for that long, the current pace of AI investment simply requires more returns than are possible, something like 1/5 of the entire GDP of the united states at a minimum yearly. At some point the emperors lack of clothes will become impossible to hide no matter how much they try.

[โ€“] cinoreus@lemmy.world 2 points 2 days ago* (last edited 2 days ago)

Not to mention US debt is currently in a precarious position right now. I don't understand how one can even possibly bailout these companies while the USA is sitting on a dicey position itself.