Tootfinder

One one side i'd rather have those large corporations spend their money in the economy instead of holding cash in the bank account of their billionnaire owners.
On the other hand, it's hard to think there is anything sustainable to the amount of money spent on AI right now.
Screenshot from Bloomberg this morning
#FAANG

Dark prediction:
- Intellectual Property Class Action against AI companies gains traction
- AI companies use this as a plausible excuse to bail on AGI tech (that doesn’t exist)
- We see a pop like we saw “shipping heavy items by mail isn’t sustainable?!” pop in 2001
- AI companies fail, overwhelmingly, blaming only the IP Class Action
- The Money switches to a new/old grift; maybe back to crypto… lots of GPUs available
- In 5 years, everyone forgets and we have…