I feel like all these circular investments and no return investments that keep propping up the stock of AI and technology manufacturers are going to cause an absolutely massive crash in the next few years because it is so insanely detached from reality, they keep investing even though none of them even make a profit right now.

Do you think it will cause a massive economical crisis in the next few years and if yes, when do you think it will happen? I was hoping maybe there is a comrade here that has a bit more insight into this topic than me

  • Enternasyonal@lemmygrad.ml
    link
    fedilink
    arrow-up
    3
    ·
    23 hours ago

    AI will most likely not burst anytime soon. The corporations that are in this bubble are closely connected to the US. Not the government, not any other part of the state. To the state itself. They are in a big bubble now and they also know that. But they control the market in the US and wherever else they want except China and a few other countries where companies that extract behavioral surplus (that is key to AI and many other techological developments they offer) such as Google and Meta are not allowed. IF this bubble bursts, that means either the US is collapsing, or they found something else to replace the behavioral surplus market. This is the only explanation.

    They will take damage though if China decides to fight against them. There is no way they compete against the chinese companies. 21st century chinese company is way more efficient than any other company in the west.

    • Beat_da_Rich@lemmygrad.ml
      link
      fedilink
      arrow-up
      2
      ·
      16 hours ago

      What do you mean by “that it means the US iscollapsing?” Because just looking at the general state of the US indicates it is. Could you be more specific about what you mean?