Tech related news and discussion. Link to anything, it doesn't need to be a news article.
Let's keep the politics and business side of things to a minimum.
No memes
That’s what happens when your future outlook is measured in quarters. It doesn’t matter if it collapses in a year or so, as long as the next earnings call produces bigger numbers than the last. By the time it collapses, they get fired with golden parachutes anyway.
Economy going crash worse then 2008.
kind of a combination of 2000, 2008, and 2020 sprinkled together at this point.
fraud bubbles (that always happen under republicans...fancy that) always pop the hardest
The difference is that there isn't a single bubble right now, there's a frothy mess. Some bubbles may pop more than others, but they are connected.
with how over-leveraged US markets are the fraud+debt bubble pretty much ends up connecting everything together, add on a nationwide reccesion according to all state-level data...right now we're basically just waiting for the music to stop. for the consumer to run out of discretionary spending and start tighening their budgets/declaring bankruptcy.
is why you see all these predatory lending/credit line advertising, anyone actually paying attention knows what is about to happen so they're offering desperate people rope to hang themselves with
Dude it might crash worse than 1929
Returns don't increas stock value.
Profit doesn't increase stock value.
Only buying stocks increases stock value.
The despair for innovation in a collapsing economy...
Can't wait for the bubble to pop. We can only hope that it won't catch everybody offguard and fuck people's pensions up.
Its part of the development. They keep going untill the ai is smart enough to take over and stop wasting so much on ai.