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AI bubble could burst and take global economy with it, IMF warns (www.theregister.com)
submitted 1 day ago by to c/fuck_ai@lemmy.world
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AI investment has helped keep markets and economic growth ticking along, but the IMF fears the boom could quickly turn to bust if the promised profits fail to materialize. With tech giants borrowing billions and investors piling into the same handful of companies, a selloff could leave more than just Silicon Valley nursing a hangover.

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[–] 4 points 13 hours ago (2 children)

good

if an oppressive corrupt regime is purposely hampering social progress for billions of people, not only should it fail, it should fail globally on a scale that resets global economies by centuries.

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  • [–] -3 points 13 hours ago* (1 child)

    Yea, good. Billions of people should starve so a couple of wealthy people lose a bit of money but not enough to need to sell their yachts. Let's blow up the global economy!

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  • [–] 2 points 13 hours ago

    ah, a centrist!

    tell me. how many people will die from malnutrition and neglect when the human race is enslaved by a ruling class that only cares about increasing profits over social programs?

    how many people will die when the environment crumbles and it's impossible to grow crops or support livestock without the power held by a ruling class?

    tell me. how many people are you willing to sacrifice to ensure economic stability continues?

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