Duh
How I learned to love famines
- guy with a massive food stockpile
this post was submitted on 20 Nov 2025
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Chapotraphouse
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No anti-nautilism posts. See: Eco-fascism Primer
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yeah, people who have enough money that they'll never go hungry AND can buy the dip when the bubble bursts are not afraid of bubbles. strange.
Oh man, if only I'd known the difference between losing my shirt and my mind in the last two bubbles!
Preparing the copium for the pop.
The central argument is a variation of the "dot-com bubble glass fiber" argument: "complementary" sectors of the economy get boosted by the bubble and they remain after it pops. They cite the railroad boom, electrification and the auto industry as examples. Notably, the Great Recession is never mentioned at all.
So what are the "complementary" investments in the US driven by AI? For energy, it's mostly fossil fuels rather than renewable energies. Data centers and GPUs are infamously short-lived. Employers may upgrade their computers, but they're mostly paying rent to OpenAI and co.. And the US is struggling to build up a domestic supply chain to reduce reliance on China and Asia more broadly.
Chips maybe?
How I Learned to Stop Worrying and Love the Bubble.
We're all going to a better place
Never forget that accurate reporting and commentary can have effects on the market just as much as lies. It is impossible to separate the agenda from the message.