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laurenceOfSuburbia@lemmy.world to memes@lemmy.world · 7 hours ago

Is today the day the bubble bursts?

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Is today the day the bubble bursts?

lemmy.world

laurenceOfSuburbia@lemmy.world to memes@lemmy.world · 7 hours ago
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  • rozlav@lemmy.blahaj.zone
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    22 minutes ago

    I found 3 different sources about it :

    • https://seekingalpha.com/article/4926918-the-ai-bubble-is-bursting-dont-get-mauled
    • https://finance.yahoo.com/markets/stocks/articles/experts-sounding-alarm-over-ai-075000670.html
    • https://safereddit.com/r/stocks/comments/1v9xflp/what_is_really_behind_the_recent_ai_semiconductor/

    But I don’t understand it very well, also it seems it’s going to be very long to burst, and it also seems nobody’s jumping from windows right now.

  • FreddiesLantern@leminal.space
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    1 hour ago

    scowls, leans over and says

    “made with mematic”

  • NeatNit@discuss.tchncs.de
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    3 hours ago

    IT Crowd was awesome

    • FreddiesLantern@leminal.space
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      1 hour ago

      I love that it so perfectly captures that corporate life bs.

    • ProfessorProteus@lemmy.world
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      1 hour ago

      I still sing the emergency services jingle to myself every once in a while

      • dextro@feddit.org
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        56 minutes ago

        0118 999 881 999 119 725 …. 3

        • dextro@feddit.org
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          54 minutes ago

          Im amazed that I remembered that correctly after 15+ years

  • psx_crab@lemmy.zip
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    4 hours ago

    Meh, only 1 to 2%, barely an itch for them. Its still 8% up since jan, and 100% up since 2023. Would’ve expect a burst to start with like 5% or more. Dotcom bubble burst with 78% free fall after the rise of 600%.

    • errer@lemmy.world
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      3 hours ago

      NASDAQ is down 5% this month, though I agree it’s too early to tell.

      • mirshafie@europe.pub
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        1 hour ago

        It will continue to decline steadily. I don’t think it will all just be wiped out over night.

        China is proving that you don’t need so many massive and ultramodern datacenters to either train or serve good models. We’re getting diminishing returns on compute, so these massive infrastructure investments into AI are premature at best.

  • abbadon420@sh.itjust.works
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    2 hours ago

    At this point, the bubble bursting is almost a self fullfilling prophecy

    • parlaptie@feddit.org
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      1 hour ago

      Let’s prophesize harder then

      • abbadon420@sh.itjust.works
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        50 minutes ago

        Yes, the sooner the better. The less money the scam artists can steal.

  • marcos@lemmy.world
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    6 hours ago

    Apparently, it has been bursting for a week or so. But if you want to take today as the official date, ok.

    The interesting thing is that the US didn’t even raise their interest rates.

    • MakingWork@lemmy.ca
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      4 hours ago

      S&P500 is still up year over year. What do you monitor to know that the stock market is bursting?

      • Warl0k3@lemmy.world
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        2 hours ago

        Wallstreetbets, mostly.

    • hoshikarakitaridia@lemmy.world
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      5 hours ago

      I don’t exactly remember but I think it’s because last time they did it, and scientific consensus is that made the recession last way longer.

      Wish I had a source for that…

    • chocrates@piefed.world
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      5 hours ago

      Really? My companies stock shot up, and we have been doing terribly for a while

      • db2@lemmy.world
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        5 hours ago

        Does your company make guillotines?

  • cronenthal@discuss.tchncs.de
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    3 hours ago

    I don’t think this is it yet.

  • thefluffiest@feddit.nl
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    3 hours ago

    Oh noes! Quickly, bail out the trillionaires!

  • db2@lemmy.world
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    7 hours ago

    If only. Ken first though.

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