• 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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        27 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.