Higgenbotham's Dark Age Hovel

Higgenbotham
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Joined: Wed Sep 24, 2008 11:28 pm

Re: Higgenbotham's Dark Age Hovel

Post by Higgenbotham »

Higgenbotham wrote: Sun Sep 07, 2025 11:17 pm Economics Professor Gary Smith Warns About AI Bubble
https://www.pomona.edu/news/2025/02/20- ... -ai-bubble

It does remind me a bit of the South Sea Bubble. Wal-Mart did sort of deliver on the promise of the South Sea Bubble some centuries later - after it collapsed by something like 98%. The coming collapse will likely be bigger than that one.
https://www.wheresyoured.at/the-case-ag ... rative-ai/
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.
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