Surely the crash of the US economy has to be soon
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Surely the crash of the US economy has to be soon
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Re: Surely the crash of the US economy has to be soon
#2Who do we expect will replace Americas global leadership and will they really be better for everyone?
Re: Surely the crash of the US economy has to be soon
#3I do really hope the AI bubble will collapse soon. The sooner it blows the less damage it will do. And hopefully we can go back to doing real work without all these leadership guys breathing down our necks to see if we are doing enough of this AI all their shareholders want us to be involved in.
It will suck even for us in europe due to shortsighted pension funds having invested in AI as well. But we'll just have to deal with it. I'm sure it will happen sooner rather than later.
PS: I'm not an AI hater as such. It definitely has its usecases where it shines. The problem is like with all hypes; it's not good at everything and it won't be all golden mountains tomorrow like the investors expect. This overhyped investor circlejerk is what screws up technology. It happened to blockchain, it happened to metaverse. All things that have their merits but somehow investors thought it would change the world overnight and make them insta-rich. Obviously didn't happen and it won't happen now.
Re: Surely the crash of the US economy has to be soon
#4Who do we expect will replace Americas global leadership and will they really be better for everyone?
China probably. No I don't think it is better but at least their leadership is actually sane. Evil, but sane and predictable.
Re: Surely the crash of the US economy has to be soon
#5Who do we expect will replace Americas global leadership and will they really be better for everyone?
China probably. No I don't think it is better but at least their leadership is actually sane. Evil, but sane and predictable.
Even the evil adjective starts to look debatable in contrast to what current hegemony is doing on its way down.
Apparently their worst offence so far was calmly outgrowing and out competing their peers while benefiting global consumers with he fruits of organized labor of their own society.
Re: Surely the crash of the US economy has to be soon
#6Some sort of an AI crash / bubble bursting is expected to be honest - now if that will take the rest of the US economy as well.... debatable. Any strong opinions on this?
Re: Surely the crash of the US economy has to be soon
#7Surely the surge of predictions of an incoming crash will never end though.
Re: Surely the crash of the US economy has to be soon
#8I'm kinda new into economy crashes, was a kid in 2008, is there a way to protect of it?
Re: Surely the crash of the US economy has to be soon
#9No one will ever get the timing right, but if you see the fundamental flaws of the economy, you know a crash is going to come. There were a lot of people who predicted the housing crash, not the timing but the crash. There are several signs that this is happening and the one no one is talking about is gold and silver prices. Don’t worry about the timing, you’ll never get the timing right, just worry about the fundamental economics and the flaws and protect yourself.
I happen to agree just because of golden silver prices that it’s going to happen sooner than later, regardless if war breaks out with Iran.
Re: Surely the crash of the US economy has to be soon
#10> This is the 11th time that tariffs have happened, and it just isn’t surprising anymore.
There are tariffs everywhere, all the time. Canada just dramatically cut its 90% (or something) tariff on Chinese cars. Tariffs haven't just started happening because someone you don't like did them.