The galling thing is that when the bubble bursts they will doubtless be deemed "to big to fail" and bailed out on the taxpayers dime like the banks who gave us 2008.
23 reposts225 likes
The galling thing is that when the bubble bursts they will doubtless be deemed "to big to fail" and bailed out on the taxpayers dime like the banks who gave us 2008.
23 reposts225 likes
Ed litterally pointed out in a CNBC interview (near the three minute mark) that it'll be more pointless anyway www.youtube.com/watch?v=TtmP...
The issues (as per the FT below) is actually bigger than AI as the whole stock market is in a bubble with both prices and earning running ridiculously hot and high. The question is can the AI bubble burst without it creating a chain reaction across the whole market? www.ft.com/content/8e93...