They can’t even pay for their water and electric to run the equipment they couldn’t afford.
There’s no off ramp here, they’re gonna keep pretending it’s worth it because if not the entire house of cards falls down. It’s why they want pensions roped into investing and tied up with the government. They do some day everyones going to realize AI stock is worth a teeny tiny fraction of what they say it is.
Billions of dollars of “wealth” will become thousands overnight, and they want as many people as possible to be hurt by that so a bailout happens.
He can just say whatever he wants and (some) people fawn over it. Personally, I’d be more impressed if he were able to even turn the slightest profit
It never will be…
They can’t even pay for their water and electric to run the equipment they couldn’t afford.
There’s no off ramp here, they’re gonna keep pretending it’s worth it because if not the entire house of cards falls down. It’s why they want pensions roped into investing and tied up with the government. They do some day everyones going to realize AI stock is worth a teeny tiny fraction of what they say it is.
Billions of dollars of “wealth” will become thousands overnight, and they want as many people as possible to be hurt by that so a bailout happens.