The economy is being held together by duct tape and bubble gum, and 1 bad tech day will bring it all crumbling down. Doesn’t help that oracle laid off over 50,000 employees in the last couple months, several tech companies have hedges their entire future on AI bubble that’s already showing signs is ready to pop…
This bubble is quite different in my opinion than something like 2008. I believe it represents the concentration of wealth under fascism. It may “pop” but the resulting fallout will most likely be the conversion of America to a war economy. Which will sustain the hunger of capital further. And we might even get that conversion before the bubble pops.
These AI data centers aren’t being built so they can create chat bots that sell you shit. They’re being created for mass surveillance computational power and AI warfare.
I may be wrong. But one thing I do know is true is that when the bubble “pops” it’s not going to get better for the working class. It’s not going to result in some uprising against fascism. It’s going to be a massive fuel for xenophobia and white supremacy like we’ve never seen before.
So, all I can do in the mean time is try to reach more people and message through work in DSA. In hopes that we have enough resistance to it to be meaningful.
The bubble popping isn’t gonna mean you can finally afford a house. It’ll mean that your grocery store runs dry and people die not being able to get healthcare.
The economy is being held together by duct tape and bubble gum, and 1 bad tech day will bring it all crumbling down. Doesn’t help that oracle laid off over 50,000 employees in the last couple months, several tech companies have hedges their entire future on AI bubble that’s already showing signs is ready to pop…
This bubble is quite different in my opinion than something like 2008. I believe it represents the concentration of wealth under fascism. It may “pop” but the resulting fallout will most likely be the conversion of America to a war economy. Which will sustain the hunger of capital further. And we might even get that conversion before the bubble pops.
These AI data centers aren’t being built so they can create chat bots that sell you shit. They’re being created for mass surveillance computational power and AI warfare.
I may be wrong. But one thing I do know is true is that when the bubble “pops” it’s not going to get better for the working class. It’s not going to result in some uprising against fascism. It’s going to be a massive fuel for xenophobia and white supremacy like we’ve never seen before.
So, all I can do in the mean time is try to reach more people and message through work in DSA. In hopes that we have enough resistance to it to be meaningful.
The bubble popping isn’t gonna mean you can finally afford a house. It’ll mean that your grocery store runs dry and people die not being able to get healthcare.