Post

Tomorrow: My 13,500 word historical and financial analysis on how the AI Bubble is magnitudes worse than the Dot Com Bubble, with a contagion that will spread throughout the global markets and our society. Here's $10 off annual. edzitronswheresyouredatghostio.outpost.pub/public/promo...

I described it as DotCom x Great Recession … It has the “over hyped ahead of working properly” of DotCom, with the “VC and banks will go out of business” of the 2008 Great Recession. And I’m saying it’s like multiplying them not just adding them, because any bailout would need to be like $10T

Dot com bubble wasn’t a case of stuff not working properly even. It worked! Sort of. High speed internet connectivity had not scaled yet and ironically did as a result of this, the website businesses were dumb as shit

Yeah, I was right in the middle of it. And yeah, the whole “dark fiber” thing was a wonder to behold. Now we have “dark GPUs” that will be obsolete by the time the data centers are built, which are waiting for the power and water infra. Yeah lots of companies are going to die.

So ….. convert all stocks to bonds? buy gold?