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Charlie Stross
@cstross@wandering.shop  ·  activity timestamp 2 weeks ago

@jackwilliambell If I remember correctly, when the dot com bubble burst it didn't happen all at once—there was a period of instability, dips and spikes for a few days to weeks, before everything began to slide. Feels like that now.

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Jack William Bell
@jackwilliambell@rustedneuron.com replied  ·  activity timestamp 2 weeks ago

@cstross

Yeah, that's why I'm using the #bubblewatch hashtag. This really feels like familiar territory to me, but there's no way to forecast exactly when things will happen or how the collapse will proceed.

We only know what economist Herbert Stein knew:

> "If something cannot go on forever it will stop."

And, in this case, I think the AI bubble is very close to that stopping point.

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Charlie Stross
@cstross@wandering.shop replied  ·  activity timestamp 2 weeks ago

@jackwilliambell Agreed.

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