the guy who got Elon and Grimes to hook up, destroying Twitter and then Reddit

https://davidgerard.co.uk/

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Joined 2 years ago
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Cake day: June 27th, 2023

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  • so I previously predicted the AI bubble would pop on Trump’s watch and crash the stock market. Never did I envision Trump doing it to himself, in a manner so stupid I’m not sure anyone anticipated it.

    I’m wondering what this does to the AI bubble. I think the bubble is led by trillions of dollars desperate for lottery-sized returns. There’s so much family, pension and sovereign wealth money that can’t get returns on sane investments that they’re left only with insane ones.

    This is not about tech at all. If they thought they could do a tech bubble with ELIZA chatbots, we’d have number power plants being restarted to power hyperscale data centres running billions of copies of ELIZA.

    What would it take for this crash to affect the AI bubble materially?