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  • Hacker News
  • It appears that it is more likely that AI will cause the next financial crisis than crypto will.

    Still no credible long term solution to the so-called "UBI" for all and the abundance fantasies and the utopia that was supposedly "promised".

    by rvz
  • It completely unclear where this 1.65T is going to come from to pay the bill. Revenue from people buying AI doesn’t even come close to covering it, even with crazy aggressive assumptions about the cashflow that could be generated from that.

    The Wall St vs Silicon Valley showdown that’s setting up here looks like it will be quite epic. If last week was any preview, get your popcorn ready.

    by cmiles8
  • I get the sentiment, but providing an actual number stretches the word "hidden" beyond its breaking point.

    Now if the number was ?? and labeled "undisclosed"... that would present a more serious problem.

    by buredoranna
  • Feels a bit early for this decade's "once in a lifetime" financial crisis, but I guess AI just makes everything more efficient.
    by georgemcbay
  • Hopefully the general public doesn’t get stuck with the ‘too big to fail’ bill .. again :(
    by bobanrocky
  • https://archive.ph/Lek29

    For those without accounts, given faded body

    by bravetraveler
  • The people who made money on fiber and railroads were the inheritors after the timeline mismatch bankrupted the original players who did the investment. Even if AI turns out to be everything it promises, you can mistime the investment and lose everything.
    by mapping365
  • As a bystander directly immune to the fortunes of AI going up or down, it does feel like there are a lot more people thinking this is inning 9 of the LLM story than there are people thinking it's inning 3. Which makes it tempting to believe it's probably closer to inning 3.
    by missedthecue

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