return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 14 hours ago'Big Short' Investor Expects AI Bubble Burst 'Sooner Than Later'gizmodo.comexternal-linkmessage-square82linkfedilinkarrow-up1297
arrow-up1297external-link'Big Short' Investor Expects AI Bubble Burst 'Sooner Than Later'gizmodo.comreturn2ozma@lemmy.world to Technology@lemmy.worldEnglish · 14 hours agomessage-square82linkfedilink
minus-squarepelespirit@sh.itjust.workslinkfedilinkEnglisharrow-up23·13 hours agoI don’t think it’s going to add up to a trillion dollars a year though, lol. AI and the Enshittification Era w/ Cory Doctorow https://www.youtube.com/watch?v=-dAIJRjb-Bw
minus-squarethallamabond@lemmy.worldlinkfedilinkEnglisharrow-up7·10 hours agoThe CEO of SoftBank says they need five trillion a year. https://finance.yahoo.com/technology/ai/articles/softbank-groups-ceo-says-5-112543307.html
minus-squarewonderingwanderer@sopuli.xyzlinkfedilinkEnglisharrow-up5·7 hours ago…to “meet demand.” … He’s saying “there is no bubble.” You’d think he would know better…
minus-squarethallamabond@lemmy.worldlinkfedilinkEnglisharrow-up1·6 hours agoFull disclosure, I did not read that. But I did see the headline. Now that I have read that, I feel like it is a cry for help. “Those who refuse to evolve are closing down their world. Those who condemn AI are themselves spitting upward,” Son added. “If you owe the bank $100 that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.” J. Paul Getty how much skin does Softbank have in this game.
minus-squarewonderingwanderer@sopuli.xyzlinkfedilinkEnglisharrow-up2·5 hours agoDidn’t they just start a partnership with one of the big US tech companies like 6 months ago or something? Sam Altman or someone like that has probably got their tendrils in this guy’s head…
minus-squareDeckname@piefed.sociallinkfedilinkEnglisharrow-up1·3 hours agoThey are the ones, Oracle will soon not be paying anymore, because of Force Majeure (techcrunch.com) …
minus-squareWakko@hell.cloudlinkfedilinkEnglisharrow-up13·13 hours ago I don’t think it’s going to add up to a trillion dollars a year though, lol. It will. The real question is - what will be the price of a loaf of bread in the multi-trillion dollar economy?
minus-squaremojofrododojo@lemmy.worldlinkfedilinkEnglisharrow-up9·10 hours agonope. their capex alone is going to destroy them, then their investors will realize they’re all fucked and the real fun will begin
I don’t think it’s going to add up to a trillion dollars a year though, lol.
AI and the Enshittification Era w/ Cory Doctorow https://www.youtube.com/watch?v=-dAIJRjb-Bw
The CEO of SoftBank says they need five trillion a year.
https://finance.yahoo.com/technology/ai/articles/softbank-groups-ceo-says-5-112543307.html
…to “meet demand.” …
He’s saying “there is no bubble.”
You’d think he would know better…
Well it is SoftBank.
Full disclosure, I did not read that. But I did see the headline.
Now that I have read that, I feel like it is a cry for help.
“If you owe the bank $100 that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.”
J. Paul Getty
how much skin does Softbank have in this game.
Didn’t they just start a partnership with one of the big US tech companies like 6 months ago or something?
Sam Altman or someone like that has probably got their tendrils in this guy’s head…
They are the ones, Oracle will soon not be paying anymore, because of Force Majeure (techcrunch.com) …
It will. The real question is - what will be the price of a loaf of bread in the multi-trillion dollar economy?
nope. their capex alone is going to destroy them, then their investors will realize they’re all fucked and the real fun will begin