return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 1 day ago'Big Short' Investor Expects AI Bubble Burst 'Sooner Than Later'gizmodo.comexternal-linkmessage-square131fedilinkarrow-up1413arrow-down16
arrow-up1407arrow-down1external-link'Big Short' Investor Expects AI Bubble Burst 'Sooner Than Later'gizmodo.comreturn2ozma@lemmy.world to Technology@lemmy.worldEnglish · 1 day agomessage-square131fedilink
minus-squareMulligrubs@lemmy.worldlinkfedilinkEnglisharrow-up12·edit-24 hours agoIt’s a safe bet. The bubble will burst, that’s our boom-bust cycle. I think we’re at the point where it is always a few bad decisions away. I’m actually impressed that it’s still going Coincidentally, The FED was made to stop boom-bust cycles before WWI. It’s never, ever worked, and it will never start working.
minus-square87Six@lemmy.ziplinkfedilinkEnglisharrow-up2·2 hours agoCan you tell us what the FED is? The Federal Reserve?
It’s a safe bet.
The bubble will burst, that’s our boom-bust cycle. I think we’re at the point where it is always a few bad decisions away.
I’m actually impressed that it’s still going
Coincidentally, The FED was made to stop boom-bust cycles before WWI. It’s never, ever worked, and it will never start working.
Can you tell us what the FED is? The Federal Reserve?