As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.

As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.

  • WarmSoda@lemm.eeEnglish
    1·
    11 months ago

    Most Americans didn’t even feel the effects of the 2008 collapse. Most recessions aren’t noticed by most of the country. These things are blown way out of proportion by news conglomerates that have a vested interest in it.

    • 5in1k@lemm.eeEnglish
      31·
      11 months ago

      Um no. So many of my friends unemployed. So many people were losing houses. It was nuts. Everyone noticed. The government even gave us “please don’t riot” money.

        • 5in1k@lemm.eeEnglish
          2·
          11 months ago

          The company I worked for went from 12 to 5 employees. I bought a house for 15k because so many people lost them and the prices collapsed. Did you live through it? Maybe you were just insulated or ignorant of what was happening.

          • WarmSoda@lemm.eeEnglish
            1·
            11 months ago

            I already said it didn’t affect me or any of my friends or any of my family, or anyone else I know.

        • 5in1k@lemm.eeEnglish
          2·
          11 months ago

          I even remember going to downtown Detroit to repair scratches on desks on entire floors of a empty of employees skyscraper right on Jefferson. Hipsters bought an empty skyscraper as well up in New Center. But yeah, no one affected.

    • rambaroo@lemmy.worldEnglish
      13·
      11 months ago

      You have got to be kidding me. I don’t know a single millennial who wasn’t affected badly by 2008.

          • WarmSoda@lemm.eeEnglish
            2·
            11 months ago

            I wasn’t, but after everyone on lemmy suddenly became affected by 2008 I have been trolling.

            It’s funny though, there was a post recently about how most Americans don’t even notice the effects of a recession and everyone agreed in the comments. But here magically it’s the opposite.

    • Landrin201@lemmy.mlEnglish
      3·
      11 months ago

      Is this Elon musks account? Because for you to be so out of touch as to say the insane shit you just said you must be extraordinarily wealthy or a hermit living in the woods with nobody else around

    • QHC@lemmy.worldEnglish
      1·
      10 months ago

      What are your thoughts on the Great Depression or either World Wars?

      • WarmSoda@lemm.eeEnglish
        1·
        10 months ago

        Idk, probably not the same thoughts you had deciding to chime in to a 5 day old discussion.