• unexposedhazard@discuss.tchncs.de
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    3 days ago

    AI stuff accounts for more than a third of total US GDP growth at this point, so yes they will do whatever it takes to keep that bubble afloat.

    • wewbull@feddit.uk
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      3 days ago

      …but that aspect will only keep going as long as they keep buying GPUs. If this bubble bursts, sure the government might prop up the companies so they don’t incur heavy losses, but the economic activity will stop. At that point the American economy stats will shrink by 30% (to their true size)

      • unexposedhazard@discuss.tchncs.de
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        3 days ago

        Oh yeah absolutely. Im just meant that you shouldnt expect them to stop. They will drag this out as much as possible which will lead to the worst possible fallout when it does inevitably pop.