Surely it's Good, Actually™️, that all available capital is being funneled into a single technology that makes no money and demands more infrastructure than God. Surely nothing will go wrong!

https://pivot-to-ai.com/2026/01/06/most-venture-capital-deals-are-now-ai/
Surely it's Good, Actually™️, that all available capital is being funneled into a single technology that makes no money and demands more infrastructure than God. Surely nothing will go wrong!

15 Comments
henfredemars@infosec.pub · 42 pts · 209d
You misunderstand. The bet is not on AI at this point. It’s on government money printing and bailouts that will come if investors commit hard enough to failure.
Of course, there will always be CEOs high off their own farts.
Dogiedog64@lemmy.world · 1 pts · 209d
The problem with the bailout theory is it only works once. If they get bailed out, and then IMMEDIATELY crash things again, the government has no incentive to bail them out again because clearly it didn't work. So, either way, it ends in abysmal failure and collapse. Also, who do they bail out? None of these AI companies make money on anything, and the datacenters burn cash so fast it makes your head spin. Jensen Huang? NVIDIA? They don't need it, they've been profitable from the start. Same with Microslop and the other hyperscalers. So, no, a bailout is unlikely, to say the least.
Alloi@lemmy.world · 25 pts · 209d
it ends with dead poor people. that is 1000000000% certain.
Chronographs@lemmy.zip · 8 pts · 209d
Oh it’s already killing poor people but that’s certainly not enough to end it
TrojanRoomCoffeePot@lemmy.world · 4 pts · 209d
I was going to say dead people in general, but yes, the poor will almost certainly die.
Sanctus@anarchist.nexus · 15 pts · 209d
Let the Oroborous engulf itself
Tikiporch@lemmy.world · 9 pts · 209d
If they prime the bulb on this bubble long enough, everyone but the super rich will suffer, which I think is the point.
TheBat@lemmy.world · 9 pts · 209d
Dogiedog64@lemmy.world · 9 pts · 209d
Sometime this year, at current burn rates. But if they speed up their spending, sooner.
The_v@lemmy.world · 8 pts · 209d
Right before midterm elections pretty please. Like 3 weeks before would be perfect. A massive crash with the normal support network in disarray from their stupidity. Triggering a 10 year long depression with up to 25% unemployment.
You know what happened after the last long lasting serious depression? FDR's new deal - union rights, workers rights, social security, corporate regulations and all the other silly things that led to massive enlargement of the middle class at the expense of the extremely wealthy.
cronenthal@discuss.tchncs.de · 7 pts · 209d
Never underestimate the willingness to keep the scam going further. An interest rate cut might well extend the whole charade into 2027.
sparky@lemmy.federate.cc · 5 pts · 209d
At Torment Nexus Incorporated, we’re currently raising a $100m Series A at a $500m valuation.
Gork@sopuli.xyz · 5 pts · 209d
Totally not a bubble at all!
GeneralEmergency@lemmy.world · -2 pts · 209d
ITT: People not understanding what venture capital is.
(Because I know none of you fuckers will look it up.
Venture capital (VC) is a form of private equity financing provided by firms or funds to startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number of employees, annual revenue, scale of operations, etc. Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing start-ups in the hopes that some of the companies they support will become successful. Because startups face high uncertainty,[1] VC investments have high rates of failure. Start-ups are usually based on an innovative technology or business model and often come from high technology industries such as information technology (IT) or biotechnology.(Wikipedia))
its_kim_love@lemmy.blahaj.zone · 6 pts · 209d
kadu@scribe.disroot.org · 4 pts · 209d
Basically, Shark Tank but with no background music