• hansolo@lemmy.today
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    10 hours ago

    Yeah, been hearing this for a year.

    Starting to worry it’s all… doomerism hype?

    Nah.

    • anon_8675309@lemmy.world
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      9 hours ago

      When there’s a bubble, at first you hear “hmm this is weird maybe it’s a bubble”. Then more people start saying ,”yeah it looks like a bubble”. Then more people start analyzing how it IS a bubble. All the while big investors are like, “ I know it’s a bubble but right now I’m making bank, so…”. Finally, after those investors decide it’s been a good run, they cash out and the bubble truly starts bursting.

      So right now everyone knows it’s a bubble. What we’re seeing is the big investors trying to squeeze every last billion out of it.

      • aesthelete@lemmy.world
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        31 minutes ago

        Finally, after those investors decide it’s been a good run, they cash out and the bubble truly starts bursting.

        This time they wasted so much money that they’re trying to foist the bad investments on retail investors with overblown valuations and IPOs before cashing out.

      • hansolo@lemmy.today
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        6 hours ago

        Yeah, heard it all before, and I’m very familiar with the structural “curiosities” of the existing investment landscape.

        Very few people correctly called the problems with 2007-2008. Not none, but few. And with soooooo many people mindlessly on the “it’s a bubble!” bandwagon so early, a lot of accuracy and legitimacy is lost months or years beforehand for no other reason than why conspiracy theory people say “we’ll get UFO disclosure this year!” Or “This year the Cubs/Arsenal/Red Sox will do it!” It’s just the thing they say until one time they’re right.

        I’m not telling you it won’t happen in a sense… But it’s not going to happen how or when you think. IMO, you’re looking at a partial stuttering effect maaaaaybe late winter like Q1 2027, and that’s about it. There’s to much alternate demand for everything LLM companies are already buying up to create a full and similar bubble like the Dot Com bubble.

    • TheBlackLounge@lemmy.zip
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      9 hours ago

      Dot-com bubble took about 5 years before it burst, and that was crazier. Why would you think this one would pop quicker?

      • hansolo@lemmy.today
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        7 hours ago

        You’re talking about from buildup to crash, though. As if everyone just looking at literally any large investment and saying “it’s a bubble!” is dong anything other than being a broken clock right twice a day.

        I follow conspiracy theories extensively, and people have always predicted a huge, massive economic collapse next year - every year. On Art Bell, it was a constant, reiterated prediction every year from 1994 until 2013. It’s only the ones that happened to say it in 2006 or 2007 that rode the credit of “actually predicting the 2008 crisis!” Even the ones saying it before the Dot Com bubble didn’t get it right because their doomerism made all predictions “end of the world” level.

        • TheBlackLounge@lemmy.zip
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          23 minutes ago

          I haven’t heard this much bubble talk ever. It’s not the same prediction made by the same people again this time. I don’t even know anybody irl who likes vibecoding (myself included) who thinks this is sustainable.

          Even the ones saying it before the Dot Com bubble didn’t get it right because their doomerism made all predictions “end of the world” level.

          I don’t know what you’re trying to say. People had bad takes about that bubble so all bubble scepticism is discredited? But it popped, which means all these investors had bad takes as well. So…

          Nobody worth listening to thinks this bubble is going to be worse than the dotcom bubble. It’s simply not that big to begin with. I guess there’s some wishful thinking too, but what’s the alternative to this investors-expected AI growth? Everything except the AI market crashes?

        • Echo Dot@feddit.uk
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          4 hours ago

          Except people did predict the crash, they could see it coming and they made bank out of it. They made a movie about it.