And yet, the MBAs continue to pump money into it like AI doesn't fail to provide any value in 80% of their shoehorned implementations.
this post was submitted on 04 Oct 2025
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It's wild how many good uses of this tech there are, and how it's mostly implemented in asinine ways, instead. It's great for brainstorming. Not so great for customer fucking service.
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80?
I feel like that number is way over 90, 95
Because it's the only growth area. Speculators need to speculate. There's money to be made on a bubble on the way up, and tons on the way down, as long as you time it right
Everybody thinks they'll be able to time their exits perfectly or near so, and it will be somebody else left holding the bag - in other words they're ridding the bubble as high as it will take them but ready to jump off when it starts to wobble.
On past experience (having gone through 2 big crashes within the respective industries), the most professional of investors (such as Investment Banks) will probably manage it, the rest not so much, especially Retail Investors.
Well my brokerage made a bunch of income based restrictions on professional investment products. No short nasdaq futures for me
That kind of thing tends to be very common in the Finance Industry in my experience because of potential conflicts of interest and inside trading if one has access to non-public information around customer trade orders.
Generally you're limited to trading the most common market traded assets (like stocks and bonds) and some of which has to be authorized or is limited in some order way (like trade orders having to be filled in advance), and most derivatives are generally out.
That said, personally I'm just using Gold as a safe haven for my savings and waiting for what I feel is an innevitable global economic crash. Granted, I've been doing it since the last Crash and only in the last 2 years has it really started moving up in terms of the larger currencies (USD, EUR) rather than sideways.
Might not be a highly leveraged as a derivative would be, but as a highly conservative way of just preserving one's wealth it has worked fine for me.
I guess what concerns me is that they are trying to tokenize the future’s market. Turn it into a crypto. So I feel like I’m being herded into crypto coins from a financial asset that I’ve been working with for over 10 years.
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Next bubble gonna be 64× ?
Good one 😂
quite an upgrade from the 32 bits
it's going to be pretty cool when the USD is annihilated by this
they really boned themselves by concentrating all of it among themselves and basing its value off of fake proof of work factories
If the USD is annihilated the great depression will look like nothing. Breton Woods ended but America is still smack dab in the middle of everybody's economy. It's why no one is calling in their debt, but keep buying it. It's a fucking global ponzi scheme.
Edit: I just looked it up and 88% of global currency trades involve the dollar.
Its the reserve currency of the world. The only thing that could replace it today is the yuan, which China is absolutely prepared for when that day comes.
The euro could also replace it, but would need additional changes from the governing body of the EU first as its meant to be an amalgamated currency and cant produce enough to be a reserve currency at the moment.
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The rest of the world is unfortunately not immune to US problems. What inevitably happens is the bubble pops, the government prints money to bail out the gamblers who benefitted from the bubble, then insist on austerity for regular people to get the resulting inflation under control
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Bubble scientists need to adjust for inflation.
And the fact that they are willing and ready to print more money
It's not a bubble, it's something way worse - "the reduction of the employee cost burden"
AI exists to allow wealth to access skill without allowing skill to access wealth.
Hyper-local renaissance is the only answer. Get to your village and out of the city while you still can.
The crash is going to be spectacular.
As someone that has been through both of these crashes, 17 times the size of the .com bubble is really, really bad. I don't think we can even conceive of how big a hole this is going to make.
don't worry the military tech bubble will get it covered)
jokes aside - i'm working in consulting and lots of those AI startups are straight up money laundering operations that don't really need neither market research nor talent pool studies - pretty much everything is for show and next to zero real longterm planning. A rude awakening is long overdue for these hotshots.
One time I had a misfortune to ask what one of these startups is going to do when their product will fail to gain traction (it was yet another grammar check sentence finishing app like Grammarly) - how are they gonna pivot and their CEO laughed at me and said "we are going to work hard to make it a success" which is like super stupid thing to say when your project is in the superoversaturated market affected by cost of living crisis with customer engagement on a consistent decrease for the last 3 years and your product costs almost the same as the market leader but is also way worse.
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Double check your investments and be sure none of them are reliant on AI for future operative certainty.
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This is insanity.
The dotcom bubble produced Google and Amazon.
I guess, if you count surviving it and having less competition. What did 2008 produce? Besides a stock reset for the rich.
They received hundreds of billions of dollars in bailout funds. That really taught them a lesson!
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The “too big to fail” banks used their bailout money to buy small and medium-sized banks that were struggling, increasing the market share of the already colossal banks that caused the disaster in the first place.
It was a completely different world having several different search engines. Felt like you were actually on a discovery path. These days Google funnels you into Amazon products listings.
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The Chinese and Indians are watching what is happening and busting their guts out laughing.
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Winner takes it all, we need to pump MORE money into it.
/s
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