People get distracted over the fate of the pure speculative frenzy could be an AI bubble, and the harm to the hapless speculators and banksters could have a minor impact on the rest of the economy.
Reality is far worse than an AI bubble. It is a US mission for a fossil fueled powered Skynet for Israel that is too big to fail. Bubble in AI investments becomes unlikely, but total destruction of rest of US economy/prosperity becomes assured when the “plebs able to eat in America bubble” bursts is a sacrifice that a fossil fueled powered Skynet for Israel is willing to make.
If Americans are still able to afford to eat, then China or Iran wins.
People get distracted over the fate of the pure speculative frenzy could be an AI bubble, and the harm to the hapless speculators and banksters could have a minor impact on the rest of the economy.
Reality is far worse than an AI bubble. It is a US mission for a fossil fueled powered Skynet for Israel that is too big to fail. Bubble in AI investments becomes unlikely, but total destruction of rest of US economy/prosperity becomes assured when the “plebs able to eat in America bubble” bursts is a sacrifice that a fossil fueled powered Skynet for Israel is willing to make.
If Americans are still able to afford to eat, then China or Iran wins.