Fuck AI

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"We did it, Patrick! We made a technological breakthrough!"

A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.

founded 2 years ago

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272

AI bubble could burst and take global economy with it, IMF warns (www.theregister.com)

submitted 1 day ago by throws_lemy@reddthat.com to c/fuck_ai@lemmy.world

65 comments fedilink hide all child comments

AI investment has helped keep markets and economic growth ticking along, but the IMF fears the boom could quickly turn to bust if the promised profits fail to materialize. With tech giants borrowing billions and investors piling into the same handful of companies, a selloff could leave more than just Silicon Valley nursing a hangover.

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[–] shalafi@lemmy.world 20 points 17 hours ago* (last edited 17 hours ago) (2 children)

Buffett Index: total stock valuation vs. GDP

1928: 130%

2007: 130%

2025: 220%

Now guess where most of that stock growth and GDP came from? I'll give ya three guesses, but you're only going to need one.

[–] Karjalan@lemmy.world 3 points 3 hours ago

Propane and propane accessories?

[–] Techlos@lemmy.dbzer0.com 21 points 17 hours ago (1 children)

unexpectedly good churro sales?

[–] Anti_Iridium@lemmy.world 5 points 14 hours ago (1 children)

The Legend of the Whopperito™?

[–] altphoto@lemmy.today 3 points 4 hours ago

I can't believe it's not salsa?