2026-10-06 19:30 UTC
Replies (7)
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@cronenthal@discuss.tchncs.de 2026-10-07 05:51
This circular financing circus act could extend well into 2028, I’m afraid. There’s always one more way to keep the numbers growing on paper and there’s zero regulation, oversight or tranparency.
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@Denjin@feddit.uk 2026-10-06 20:13
I just spent £200 on some memory so probably any day now.
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@Paragone@lemmy.world 2026-10-06 20:31
the AI bubble is being driven by the authoritarian wet-dream of totalitarian panopticon secret-police state, not by consumer or biz: that is why Trump himself is pushing it sooo hard. His new $55B national crematorium-network is going to require “convictions” of “crimes”, in order to feed it, right? The AI that his gov’t is pushing will he able to convict everybody they want. As for when the bubble will pop, it is the economic-bubble which will pop, and AI will be only a minor part of the 2nd Great Depression. That popping will be when Trump finally overthrows the US Constitution, not before, it looks like… Not before mid-Nov. He needs to deregister enough Democrat voters, declare candidates to be terrorists, and whatever other shenanigans he’s implimenting, to produce the “election” results he wants, zeteo.com/p/19-ways-trump-and-republicans-are provides 19 methods he’s using, sorry paywalled, but Zeteo i trust to be doing actual-journalism ( and i don’t need convincing that this is happening: normals do ) and then if the population balks at that, invoke the Insurrection Act on them, and then he’s won his dictatorial kingdom. but the economic-bubble should finally pop, then. So. maybe as early as Nov 17th, maybe as late as Christmas, but his genius strategem of highjacking the US for his personal kingdom, has no antidote/countermeasure, now. And the economic making-believing won’t need to continue once his 4th Reich regime is on, so it’ll pop then. Here is evidence of his 4th Reich design: m.youtube.com/watch?v=aBMJOAUMb5U Thom Hartmann’s vid on the $55B national crematorium network that ICE now has ready for use. oh, and the US Department of Finance tweeted a nazi medallion, which read on it “ein volk”, “ein reich”, “ein fuhrer”, with their standing-on-cornet swastika ( as opposed to the Hindu, Buddhist, Jain, Hopi, and Navaho ones, which don’t ) so they’re sooo close to winning the confederate-nazi totalitarianism they want, that they don’t need to hide it anymore. Hegseth’s nazi background, for his recent speech ( reported earlier today here on Lemmy.World ) is also evidence of this fact. 🙏
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@panda_abyss@lemmy.ca 2026-10-06 20:45
There are a lot of these bubbles that have no good reason to exist, but rich people who own most of the worlds wealth are dedicated to floating them, so I can’t ever know. The Oracle data center that can’t get electricity but must be paid for might be the start of debt obligations collapsing. But it might also get dragged out long enough by Oracle’s legal team that it doesn’t, and they have unfathomable cash to keep that ball rolling.
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@TootSweet@lemmy.world 2026-10-06 21:49
I wish I knew. The blockchain bubble has kinda burst. But not exactly in the way I would have predicted. I say it’s “burst” is because nobody’s talking about it. (Mercifully.) It’s not in everyone’s face like it was. I say “kinda” because Bitcoin’s still worth like $80,000 USD per coin or something? (Ok, I’ll check… holy shit it’s more like $85,000.) My prediction would have been that people would figure out Tether wasn’t really backed 1-to-1 and then the value of Tether would go to zero, bringing the rest of the blockchain ecosystem to zero with it. (And I suppose it’s possible that’ll still happen. But that apparently wasn’t necessary to bring down the hype.) But also, the blockchain bubble is no longer the hot kid on the block because the AI bubble has taken its place. In a way (actually in more than one way) the AI bubble is just a continuation/pivot of the blockchain bubble. So, maybe it’s even arguable that the the blockchain bubble hasn’t yet popped, it just “changed color”. So, I’m reticent to make any predictions except that probably the burst will come when we least expect it and in a form different from what we might expect as well. Ed Zitron at one time was predicting… I think it was before the end of 2027? But I think he’s kindof changed his tune and stopped predicting any particular timeline for the collapse. (He kinda predicted that people would “wisen up”, but he’s admitted more recently that he was wrong to bet on people waking up and seeing what’s really going on. Which kinda tracks if you think about how things went in The Big Short during the time when mortgage defaults were going up but the rate of the housing bonds was also going up.) David Gerard has more recently said “probably sometime next year”. So maybe then? There are also some signs of things weakening. The whole “Project Jupiter” thing with Oracle and the force majeure could be a harbinger (I hope). I really want to believe the collapse is imminent, but unfortunately I don’t think anyone really knows how imminent it is. I do believe it has to collapse at some point, but unfortunately, some historical bubbles have persisted for surprisingly long times. :\ That said, I watch Ed and Gerard and everyone else predicting an imminent collapse like it’s crack. Because it makes me feel better about the state of the world. I freely admit it’s absolute hopium.
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@Space_Cowboy92@lemmy.world 2026-10-06 22:51
Either right before, or during the US Christmas holiday. My guess bet is during.
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@kingofras@lemmy.world 2026-10-06 23:24
It’s not. This is many times over the “too big to fail limit”. There’s no regulation due to the US kleptocracy, and it’s tied to everything including 401k. Asking whether the AI bubble will pop is similar to asking whether capitalism will stop centralising wealth to the top or somehow become reflective of the damage of the ecological environment. The band will keep playing till the last chair goes under water.