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Comment Re:btw. (Score 2) 43

I don't think it really matters.

I relate to it, as the dotcom bubble over again, that previous bubble actually paved the way with extended build up of high speed fiber connections, along with accelerated 3G runup, also the bases and accelerated roll out for the web techniques we use today was laid in that time span (Web 2.0). And the burst bubble just shed of the debt, the money from some of our own greed that fueled that market like the proverbial carrot was deleted

The usual suspects ..

The good thing about the usual suspects is that they also rely on money. And Musk, Ellison, Zuckerberg the evil uneven triplets are heavily relying on stock prices, and these triplets do stand for both sides of your example as they are both liberitarian as well as authoritarian. And when you take a look at the intertwined deals of "Musk Industries", that house of cards will likely collapse into large portions of his pocket.

Comment Re:The Great AI Collapse of 2026 is beginning (Score 1) 43

It's a computer program FAKING intelligence.

I'd like to say this is on the one side true, and I can relate to the assumption about ML not being "real" intelligence, but on the other hand there are so many descissions we humans make based soley on the training and the weights in our own neural network, that to predict a general collapse is really short sighted. How much of our own life is actually "real" intelligence, and not just a neural network generating an answer to an input? One striking example where statistical methods are very good and extremely fast are translations. Or the whole world of image recognition also to assist military reconnaisance to assist humans to have a closer look with their own exremely good neural nethwork, that is just capped when it comes to bandwith.

Comment Re:Bubble (Score 1) 43

I would say this is likely to happen.
It all depends on the judgement for a company if the company provides a "real" value - in the "old sense".

However these current companies with a real value core will shrink quite substantial.

I compared that just recently in a discussion with collegues to the "Deutsche Telekom"(*) from the 2000s, its also still around, but it has cost many people of their savings - due to their new found interest in the stock market.

Using the 2000s and the 2008s as a base scheme, many companies went bankrupt or were bought up, stock prices dunked to a certain lower degree - also sometimes overexagregated.

However back in the 2000s a certain amount of the new economy companies were not even aiming for a break even (historified into many Futurama jokes) and some of them were just hollow shells in for ripping investors of their blindly invested money.

In contrast to that AI in the form of ML has certain "real" use cases, but sometimes the use cases it is applied to just don't really work out completely .. the junk is mopped up by humans in India mostly.

And Nvidia in this case is a keystone a holder of knoledge so is AMD and Intel, but in NVidias case the overvaluation is just apparent.

When even the CEO of Microsoft pointed out recently that there are data centers fully equipped with Nvidia hardware - inoperative because there is just not enough utility power available.

These no-data-centers clearly do not build up value, they just produced cost to build and to maintain.

(* german former state owned teleco that was privatised and went public and sold the stock in three tranches, each one realizing a higher price, and when you view the stock around the 2000s its basically a needle)

Comment Re:Bubble (Score 5, Insightful) 43

Bursting of the bubble will not be the end of money,
but money alone might be less worth,
and I would say when the bubble bursts,
we will have a bank run.

Because this bubble and inflated stocks are built on debt,
so its Lehman Bros. again .. or in this case "trust me ai Bro."

Food reserves, drinking water reserves, dish washer soap,
DIY energy and so on is important.

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