Quote:
Originally Posted by BaltimoreSkins
I listened to a podcast about the upcoming AI bubble. Basically these companies have been spending money and have millions of chips that are going to be obsolete before they even get used so very little revenue coming in. Eventually the bubble will burst, hopefully sooner rather than later for the sake of my IRA, 403B and pension
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So it’s a race and the sheer amount of money being put in by Amazon, meta, Microsoft, alphabet…Oracle etc is insane especially now with rates now falling as inflation has cooled. The big boys will be fine as they cash rich, people will lose their shirt and make money on the start ups. And former will be norm.