I don’t think you understand the economics involved. Most of America’s GDP and stock market gains are tied up in AI. Total stock valuation vs. GDP (Buffett Index) is at 230%. It was 119% in 1929 and 2008. We’re looking at a planetary recession, at best. It won’t be the tech bros suffering.
I don’t think you understand the economics involved. Most of America’s GDP and stock market gains are tied up in AI. Total stock valuation vs. GDP (Buffett Index) is at 230%. It was 119% in 1929 and 2008. We’re looking at a planetary recession, at best. It won’t be the tech bros suffering.
Oh, I understand it. I just recognize everything is too far gone to care. I’m blithely apathetic.
“I’ll just put this over here. With the rest of the fire.”
This fire is going to take us all down.
Correct. That’s what fire does.