Don’t you worry it’s gonna have a global impact againjudt like it did in 08. Imagine losing your job in Italy for instance cause some bankers got ultra rich in the US. What a dumb fucking world.
A bunch of my friends were made redundant. Some had visas dependent on their work, employer sponsored and had to leave Australia. Heck, we call it the gfc as an acronym. We just didn’t have a general recession.
It’s not if but when. Hopefully sooner rather than later. And you’re a fool if you think the implications won’t be felt around the world. Just like they were when Americans rammed the housing market into the ground. We live in a global economy.
Meh, not really a full collapse. Just like 75% of it and a huuuuge recession. Or maybe a “Tiny Depression”? Basically, 10 years to recover. Which is where we’re going anyway, with or without AI.
But you won’t be able to afford it because the market crash means you lose your job.
I think people don’t realise that if AI fails, it’s pretty much guaranteed to collapse the US economy.
Fine.
The market is a joke, needs massive corrections.
Good luck everyone.
I’ve lived though several “one in a live time” crashes.
Don’t you worry it’s gonna have a global impact againjudt like it did in 08. Imagine losing your job in Italy for instance cause some bankers got ultra rich in the US. What a dumb fucking world.
Ha! Jokes on you. My state is so poor it was the least affected by the 2008 crisis. Wait, that still sucks, only more…
I don’t think 2008 really had a significant effect in Australia. I don’t remember hearing much about it.
A bunch of my friends were made redundant. Some had visas dependent on their work, employer sponsored and had to leave Australia. Heck, we call it the gfc as an acronym. We just didn’t have a general recession.
I didn’t feel anything of it in Europe.
I know plenty people who are currently homeless in Europe originally lost their job following the 2008 crash.
Do it, do it, do it, do it!
It’s not if but when. Hopefully sooner rather than later. And you’re a fool if you think the implications won’t be felt around the world. Just like they were when Americans rammed the housing market into the ground. We live in a global economy.
That would be awesome thank you
Yep, either way, your job is toast.
AI succeeds: AI takes your job.
AI fails: Economy crashes and you lose your job due to the crash.
Don’t threaten us with a good time.
Meh, not really a full collapse. Just like 75% of it and a huuuuge recession. Or maybe a “Tiny Depression”? Basically, 10 years to recover. Which is where we’re going anyway, with or without AI.
10 years on top of the generations to recover from economic and social policy being shat out by a deranged geriatric.
And if AI doesn’t fail, people will be unemployed.