A lot of PC enthusiasts and media people have been speculating that the series of high tech, industrial over consumption of high end electronics has hurt the consumers, but I think its just going to kill the consumer level electronic industries. From graphics cards, RAM and SSD/HDD all experiencing supply shocks, this generation of PCs consoles and handhelds, even higher end phones are going to balloon in prices and begin to become more and more exclusive to bourgeois class interests. I know AI is a bubble, but I think it will never be allowed to pop because theres nothing to really pop it. At the very least it seems like theres still a lot of gas in the tank and will last for another 2-3 years or so. Even in the wake of a bubble burst, the electronics industries are so tied to the AI agent corporations that theres no way they dont also go under, and the only spoils that we might see will be the second hand mostly burnt out electronics liquidated from these corporations. Its not something we could build a new consumer grade industry off of.
I’m aware of a lot of the really weird market behaviors right now, all the evidence is saying that the bubble could pop at any moment, that any jitter too severe will send it tumbling down
But the VIBES are telling me its going to last a while, I remember the weird market volatility from 2018 to 2020 and how the dow lost 10% one day but it was just fine. Nobody seemed to want a market panic. So there just wasnt one, and then COVID happened.
A lot of PC enthusiasts and media people have been speculating that the series of high tech, industrial over consumption of high end electronics has hurt the consumers, but I think its just going to kill the consumer level electronic industries. From graphics cards, RAM and SSD/HDD all experiencing supply shocks, this generation of PCs consoles and handhelds, even higher end phones are going to balloon in prices and begin to become more and more exclusive to bourgeois class interests. I know AI is a bubble, but I think it will never be allowed to pop because theres nothing to really pop it. At the very least it seems like theres still a lot of gas in the tank and will last for another 2-3 years or so. Even in the wake of a bubble burst, the electronics industries are so tied to the AI agent corporations that theres no way they dont also go under, and the only spoils that we might see will be the second hand mostly burnt out electronics liquidated from these corporations. Its not something we could build a new consumer grade industry off of.
https://finance.yahoo.com/news/ai-boom-brings-flood-debt-200000578.html this seems pretty 2008 to me
I’m aware of a lot of the really weird market behaviors right now, all the evidence is saying that the bubble could pop at any moment, that any jitter too severe will send it tumbling down
But the VIBES are telling me its going to last a while, I remember the weird market volatility from 2018 to 2020 and how the dow lost 10% one day but it was just fine. Nobody seemed to want a market panic. So there just wasnt one, and then COVID happened.