Oh Let it burn, let it burn, let it burn, oh won’t you let it burn, oh won’t you won’t you let it burn, oh let it buuuuurn oh won’t you let it burn, oh won’t you let it buuurn! 🎵
Whew finally
Millennials out here preparing for their 5th once in a lifetime market crash.
I feel like I’m taking crazy pills.
Let’s see 2000, 2008, 2020, what am I missing?
History rhymes so 202…
It’ll get worse.
It always amazes me just how stupid all these billionaires actually are. It just highlights the fact that they did not actually “earn” that wealth, in the first place. If it were truly a matter of talent and skill, they wouldn’t be crashing the economy every five to ten years…but here we are, for the fifth(?) time in the last few decades?
don’t forget, the once in a lifetime stock market crashes. we’re on, what, 5 now? in the last couple decades.
We really need to find a way to make the billionaires fight each other again.
You may think it’s stupid but these people are still going to make ass loads of money out of this entire ordeal. Because the entire system is rigged in their favor.
You get a bail out! You get a bail out!
The crashes are deliberate. It allows them to scoop up infrastructure for pennies on the dollar. It’s not a coincidence that the largest ever upward transfer of wealth occurred during COVID. That was the elite consolidating their holdings. And evidently, they’re not exactly satisfied yet and want even more.
Crashing the economy is only stupid if you don’t have enough liquidity to capitalize on it. That or if you actually give a shit about people.
They aren’t stupid, they are gambling and they toss their weight to stack the bet in their favor long enough so that they can cash out and not be left with the bag when it crashes.
Every recession, richs get richer and we get poorer.
Are they really stupid if they make billions?
Yes. Exploitation apparently doesn’t require intelligence. Just a total lack of empathy.
The real stupid takes are the correlations between wealth and intelligence we made along the way.
In a way it requires you to be an apex predator of your own species. They are necessarily stupid but greedy and psychosocially fucked. Maybe smart in certain ways but blindingly stupid in others. And also cannibals, which occurs to me now, since they basically hunt and consume the essence of poorer humans. Can we make that cannon?
Holy shit. That’s almost one Elon Musk’s Salary dollars
He eventually buys up all ai companies for nickels on the megadollar and copy strikes all unauthorized ai providers.
The only resistance left is the decentralised group of people running outdated and decensored LLM’s for erotic RPG.
We’re doomed
That’s more or less how I deal with any economic numbers these days. Just one mans salary. No big deal.
POP THAT BUBBLE
POP THAT BUBBLE
POP THAT BUBBLEIf only the AI could have given them a heads up.
In fairness this could happen so fast, the market completely destroyed by ai traders working at the speed of silicone, a warning could come way in advance yet impossibly late.
Just as accurate as tarot cards…
Sorry, you want the Tower here.
It’s one of my favorite cards for symbolism, because the story is so apparent on the card. People jumping out of a burning building to their peril.
Peril up here, peril down there…
the tower is actually actually!! about paradigm shifts. the thing you hold dear out of here 👉 and something new will take shape in its place. not necessarily bad, but very uncomfortable
Hey man, I do tarot, read it, then ask my AI what it thinks. It feels real.
/s
…no but for real, I like do draw tarot, and the AI has helped me get better at reading. It’s for funsies; I don’t take it seriously.
Yeah bro, I burnt a forest down yesterday, but it’s cool, I did it for the funsies
That’s awesome bro, I love gender reveal parties 😎
I used my microwave for a minute.
That’s a lot of damage!
When I lose hundreds of billions of dollars, I have to go to bed without supper.
Honestly, I gotta hand it to Apple. They never jumped on the hype train for AI as bad as all these other companies because they were smart enough to realize it was temporary and they are just chillin’ right now. Sure they did a few things here and there, but they didn’t try and change their entire business model around AI. When this bubble does pop, I’m sure Apple will be the one on top again.
I think it was unintentional. They didn’t hop on in time and were left behind. Then they tried rushing and put out a half baked AI product. And now they’re using Gemini for their AI because they can’t catch up.
Apple has invested heavily in infrastructure that will make every iPhone and app on the store transparent to an AI running on bespoke silicone designed for the task. Much like Windows, Apple foresees a future where AI is a substitute for the GUI.
https://www.archyde.com/apples-ai-integration-a-deep-dive-into-iphones-future/
Yeah, just like voice assistants were supposed to.
Their hardware design seems capable, the macs with their m-chips and integrated RAM makes them very “reasonably priced” ai stations. They have the technology.
Apple is always a decade behind, though. It isn’t an innovator anymore.
was it a clever tactical ploy to avoid the AI hype train? Or was it that Apple’s culture just can’t pivot fast enough to successfully operationalise new/emerging technologies?
