Thread 60765450

This is going to be the biggest market crash anyone alive has ever seen.

But still won't be the biggest yet to come.

ohmyferginggerd @loomdoop said so it must be true!!!

if you were the government how would you artificially prop up this bubble tos top it collapsing on your watch?

>>60765471
Print money and give it to the AI companies

>>60765471
I would get AI companies to open crypto treasuries and pump BTC (ticker: BTC)

>>60765450 (OP)
MSFT, GOOG, and META reported record earnings though. AI is helping them cut headcount and be more productive at a minimum. METAs targeted ads got much more valuable with AI.

>>60765541
I agree. While the AI bubble is indeed real, it's not a valueless proposition like detractors make it out to be. I see this period of low-to-no revenue as drug dealers giving out samples to their customers. Once everyone's addicted, then they make us pay for it. And when zoomies literally can't even work a search engine without an LLM directing them, they'll buy subscriptions.

>>60765471
>this bubble tos top it collapsing
>this bubble Think or Swim top it collapsing

>>60765795
Who is going to pay for those subscriptions if AI replaces everyone's job?

>>60765795
>when zoomies literally can't even work a search engine without an LLM directing them
current zoomie ages are 13-28
try again, faglennial
or maybe just go get a starbucks and bitch about how easy your life should have been
(if you had any sense about you)
fucking nigger

>>60765879
Lmao, zoomie triggered. It's okay man, everyone makes fun of everyone else. I don't hate you, I did stupid shit at your age too. At least you're racist, you have that going for you
>>60765840
It won't, but it will replace some. Thus, the bubble.

>>60765840
Enterprise companies as usual.
You know how expensive Salesforce is?
In the end it'll just be rich people giving each other money to rotate it with AI

>>60765541
These companies will find out in 5 years that AI can't progress fast enough to replace senior devs, and replacing junior devs means they're not making any more senior devs.
All the short-term gains made by firing people will be more than made up for by the inflated senior dev salaries in the future.
But due to how business incentives are structured, it won't be the next quarter's profit's problem so it literally doesn't matter

>>60765909
>brings up gen z out of nowhere
>"zoomie triggered"
>"at least you're racist, you have that going for you"
kek
this is the clearly the pinnacle of all happenings that have happened in your life
i'm sorry old boy

>>60766014
it can replace 50% of senior devs by making a senior dev 2x faster

>replacing junior devs means they're not making any more senior devs.
they are still hiring juniors just not as many as before. there wont be any room for average devs it seems. and companies will need less devs overall.

>>60766036
wtf is a dev?
fucking zoomer

>>60766036
Unless the quality of code generation significantly improves, senior devs can't go "looks good to me" to an AI agent PR the same way they can for a junior dev's.
This means that they have to expend effort into reading through AI-generated slop, which doesn't really save them more time in the end.
If you're working on critical code, you're not going to trust slop code without at least having a person look into it first.

>>60765923
that or universal basic income

>>60765879
>or maybe just go get a starbucks and bitch about how easy your life should have been
lol this
not only are millenials poor they're also gay as fuck. we literally wouldnt have any modern left wing nonsense if millenials didnt vote. Total millenial death cant come soon enough

>>60766048
>wtf is a dev
DEVELOPERS DEVELOPERS DEVELOPERS DEVELOPERS
DEVELEOPERS DEVELOPERS DEVELOPERS DEVELOPERS
>DEVELOPERS DEVELOPERS DEVELOPERS DEVELOPERS
https://m.youtube.com/watch?v=KMU0tzLwhbE

>>60765450 (OP)
>>60766256
>>60766070
>>60766060
>>60766048
I've been saving and finally have enough to buy a house. Do I? Is it going to crash in value?
I understand basic economics (inflation, supply/demand, etc.) as well as slightly nuanced layman shit like sub-prime lending bubbles, etc.

Was planning to buy this fall, but with the Mae/Mac IPO shit, and politicians' (publicly claimed) efforts incoming to force conglomerate house holders to sell, I don't know if I should.

I realize I'm fortunate to have this problem from another perspective, but I've put in the work to save this and lived frugally, and I don't want to get fucked.

>>60766060
this, not sure why it’s so hard for people to understand. We are enlightened anon

>>60765450 (OP)
What the fuck is an AI economy? If everything can be theorectically made by anyone than it isn't much of a barrier to entry is it? Therefore there's no money to be made outside of the companies developing these models and that's not an economy.

>>60766284
Anon I'm sorry there will not be a housing crash. The second prices trend down whatever goes on market will be bought up and prices go right back to rising.

>>60766324
Thanks for the take

>>60765450 (OP)
that account has been crying for years

>>60766284
impossible to say. can’t post pics in incognito mode but check this chart
https://fred.stlouisfed.org/graph/?g=CpFW
and ask yourself if there’s really ever a bad time to buy a home in the last 50ish years. even the 08 dip got bought back up in less than a decade, and even the picotop of 08 was still cheap compared to today’s prices.
of course housing is inflated because of a myriad of different government policies, and of course a dip could come, but the simple fact is that the government and the fed only really have one hammer in their toolbox for when things break: print more money.

>>60766418
You make a good point. Makes it feel more comfy to buy for sure.

>>60765450 (OP)
literal midwit.

people are already using AI all the time. i use it at work for my white collar job.

its not speculative.

>>60766324
Complete retard alert.
Prices already are down -20% across the country and it's only accelerating lol.

>>60766324
that's not how falling markets work, retard
price going down makes people fearful of buying and sellers start to FOMO

AI is just a better Google that can create images and do some math for you. Ask if that's worth several trillion dollars.

I personally find a lot of value from it, but OpenAI's recent release was a bust. There's not going to be AGI from scaling models.

>>60765450 (OP)
>This is going to be the biggest market crash anyone alive has ever seen.
this isn't even remotely close to the insanity that was dot com.

>>60766474
>remembering the dot com boom
ok boomer

>>60766481
He's right. The dot.com boom was new paradigm euphoria and we haven't seen it yet. Instead of being dismissive, you need to study financial bubbles.

Idk famalam, didn't meta waste more money on the metaverse than they have on ai. At least we won't have to pay call center jeets and artists anymore.

>>60765450 (OP)
quit being a doomsday predictor it doesnt help shit

most likely than not markets tend to trend up nigger

>>60765450 (OP)
>LE EBIN CRASH!
two
more
weeks

>>60765450 (OP)
When AI flops and they realize they have nothing to do with all these H100s, I guess we will try to use them for gaming.

>>60765450 (OP)
Ok?
Ursury will always exist. Derivatives will always exist. Loans will always exist. Leverage will always exist.
Unless you get rid of the (((problem))), which you wont; buy the fucking dip.

>>60765450 (OP)
you deserve to be poor if you still don't understand the power of AI tools

the market will not be allowed to crash
they will tell the fed to print & buy stocks
buy BTC

>>60766435
LLMs are a useful evolution of the search engine. They aren't worth trillions of dollars, and the embarrassing amount of money spent on massive compute warehouses is going to look very stupid in a few years

This is unironically true, i was just wondering if getting a CompSci degree wont be a meme once this bitch pops off.

>>60765450 (OP)
Yep...
We are already in recession or about to be. Check out the tendie indicator. You won't even be able to get a job at Fakkin fast food. Seriously zoom out the stonk at max. They tell us not to panic when rates go down, makes me want to panic.

>>60766603
being useful =/= being worth trillions of dollars

>>60765879
Retard Zoomie just outted himself like a true fag. Take a chill pill little homie it ain't that deep.

>>60766719
truly a /biz/ take
this is why I only come here to shitpost

>>60765541
Record earnings from what and where? Methinks most tech stocks are as high as they are because it's necessary for big tech to collect information and silence dissidents for the survival of the system. A closed loop system based on hyper valuing itself for prestige and self importance. The illusions now infuriate the masses and they have all seen hell through addiction. I'd pull out from almost all tech if civil unrest looked inevitable. The question is when tech and the rest of Wall St. can't conjure up distractions anymore.

>>60766877
t. bubblebuyer

>>60766435
how much are you paying per month?

>>60765471
Ban selling

Boom. Propped status achieved

>>60767295
kek

>>60765450 (OP)
people will let mythology blind them
there has never been a free market
there have been portions of the economy that have been free, but communications is a good example as a utility that has been guided by nation state level interests

You cant let the enemy control the wires you need to stay alive
You cant let the enemy control the computing power you need to stay alive

None of these chatbots are meant to make money. They are just something to do with the hardware while it is be built en mass till its mature enough to be switched to its real purpose

Lots of AI companies will go bankrupt at that time and the bill for the AI system will be footed by the investors and taxpayers

>>60765450 (OP)
So it's going to be followed by the biggest market recovery anyone has ever seen?

>>60765795
If you think that the money behind AI is kids asking grok is this real idk what to tell you

Ai is just improved search engines and quantum computing means faster processors.

Its obvious this shit has to pop
Nvidia is like 10% of the market now and all it does is sell chips to other companies who still didn't find a way to make AI profitable
Professionals and companies pay for AI (I pay like $100/yr for copilot ad a programmer) but most people can get away with using basic free models for usual shit
The question is when will this shit pop

>>60770533
The reason why ((they)) campaigned for AI is to get massive amount of investor money into AI companies, so these jewish companies can develop tech that will be used for massive surveillance and population control.

They are dressing up the AI as funny chatbots, get investor money, while developing the AI for massive surveillance on the goyims dime behind their back.
And the goyims is paying to test their beta version for them.

They don't aim for profit from the chatbots; they aim for the future.
A future where AI is used all over the world by all gov to monitor citizens.
THAT's where the real profit is.

Yes, we are paying them to turn us into slave under surveillance.

>>60765450 (OP)
it makes money, all programmers use AI assistance now, the job gets done even 10x faster

>>60770482
>Ai is just improved search engines
absolute brainless take

>>60770482
>quantum computing means faster processors
even dumber statement, you don't understand what QCs do, you fcuking illiterate troglodyte
holy fuck you normalfags are cooked

>>60770533
>this shit has to pop
if openAI stopped all its training it would make 12 billion in profit annually
similar case for other companies
you bubbleboys are delusional and didn't look at any figures

>>60765909
>>60765879
Racism is wrong

It doesn't matter if ai is profitable my itself, as long as they find a way to turn it into a slavemaster for wagies. AI could be a money losing proposition for its whole existence, but if they can use it to further control the plebs, and make them more desperate for lower wages, then it will be overall profitable to the ruling class. They can print money to fund it out of thin air. The money they print inflates real world stuff, increasing their profits on average money. They can use it to leverage increased $s for selling improved silicon, whereas before the improvements in silicon density resulted in lower prices. Now its basically flat, more money = more bits, better tech means more bits per chip, but the price increases at the same rate now, due to silicon inflation from tying financial value to computing power via crypto.

>>60771431
If AI is even 10% successful as the hypesters say it is. That is Major job losses after some time who has the money to pay for services? Do you choose between a chatbot or your house, or your only meal of the day? Then we have a major wave of censorship occurring in the west. What happens when AI is not fed data with proper feedback and nothing but safe, woke garbage data? Would training start to slow down on biometricID authentication walls? How much of a hit in mass would commerce take if authentication was needed for every online order? These are some fucked up questions that we are speeding up to find the answer to. Mostly smacking walls.

>>60765450 (OP)
>nvidia is just a dropshipper for taiwanese shit
opinion immediately discarded
if you are too dumb to understand ip and a separation between research and design and physical manufacturing locations it would behoove you to not spout your shit

also krugman impact of the internet no greater than the fax machine