General Discussion

Moostache

(11,282 posts)

1. There is unquestionably a bubble in the sector...

Thu May 14, 2026, 02:01 PM

Thursday

AI spending has been irrational and reckless and fear driven for a while now. They are not aiming at incremental improvement, they are chasing the AI White Whale - superintelligence. This is out of greed and fear that someone else is going to "get 'there' first" without even really understanding what that means entirely. Its irrational behavior that dovetails nicely with our hyper-gambling aware society and tech-bro/cyrpto-bro ethos.

When it goes belly up for never attaining profitability the way needed to pay down the reckless debt loads being taken on, there WILL be a hard crash. It is coming as surely as the housing market, dot-com and Y2K bubbles of recent vintage - which is why the billionaires are so keen to buy the government and eliminate its ability to hold them to account.

Ugly times are on the horizon.

Edit history

Please sign in to view edit histories.

Recommendations

15 members have recommended this reply (displayed in chronological order):

DinahMoeHum wave_maker musette_sf Dixc Joinfortmill Katcat LovelyStuff 2naSalit ananda BarbD Attilatheblond bitofalright MrsCheaplaugh Yo_Mama_Been_Loggin BeyondTheVeilJack

92 replies

= new reply since forum marked as read

Highlight:

I'm Going to Make a Huge Prediction [View all] MineralMan Thursday OP

There is unquestionably a bubble in the sector... Moostache Thursday #1

Yup. MineralMan Thursday #2

Yeah, try calling the IRS... bobalew Thursday #60

It Also Seems To Presume... ProfessorGAC Thursday #4

This is the most nefarious part Diraven Thursday #40

Dot.com bubble on steroids North Coast Lawyer Yesterday #91

Everybody I know is somewhat skeptical/uncomfortable engaging with it.... Ars Longa Thursday #3

A very expensive, society-wrecking solution looking for a problem. Midnight Writer Thursday #5

Their only path to profitability is evil Diraven Thursday #47

I happen to love that statement. OldBaldy1701E Yesterday #64

Terrific way to put it! calimary Yesterday #92

Good advice. As an IT person, I trust you far more than many others sprouting this nonsense about AI etc. It SWBTATTReg Thursday #6

Drive thru fast food places like Rally's have AI taking orders.............. Lovie777 Thursday #7

"Hello. Will you be using your McDonald's ;membership today?" 3Hotdogs Thursday #10

TY TY TY Katcat Thursday #20

No. The Madcap Thursday #26

It is fast. It used to be cheap. Swede Yesterday #66

I think it's more fundamental than that sab390 Thursday #8

No doubt. I don't know what happens. MineralMan Thursday #14

Agree, AI is a tool, not a solution. IzzaNuDay Thursday #9

Disagree. yowzayowzayowza Thursday #11

Thanks. I understand the technology, MineralMan Thursday #17

The dot com bubble didnt kill the internet any more than this one will kill AI. yowzayowzayowza Thursday #18

It didn't kill, but it screwed up the economy big time for a while. MineralMan Thursday #23

It's a relatively new technology oldmanlynn Yesterday #84

I so hope you are right! ShazzieB Thursday #12

I agree with you, but I do it coming from a different angle. slightlv Thursday #22

I hate AI PCB66 Thursday #13

'that we will all benefit from'?? notinkansas Thursday #19

I think all the issues you quoted PCB66 Thursday #49

No. The world population is not the focus here. notinkansas Thursday #56

I think humans are learning faster than AI: for example, many of us can now recognize AI fake pics /videos very quickly. C Moon Thursday #15

Man, I hope your right. My techi relative thinks it's gonna take over the world Joinfortmill Thursday #16

Well, you have to admit they are trying, for sure. ananda Thursday #37

Most bubbles burst... that's all. MiHale Thursday #21

Ed Zitron's done some of the best writing on this flawed, heavily subsidized tech and the bubble it's created. highplainsdem Thursday #24

The way I see it, AI's most prominent role infullview Thursday #25

My son in college just shrugs and says it's a tool - TBF Thursday #27

I think you may overestimate what businesses really think about CSAT Bristlecone Thursday #28

It will bankrupt the entire country bucolic_frolic Thursday #29

It will kill a few hundred people before that and have bobalew Thursday #54

I watched a couple of videos today Racygrandma Thursday #30

Yes, saw that on FB... buzzycrumbhunger Thursday #48

No worries about noise. When data centers gobble up all the water and farmers can't irrigate fields Attilatheblond Thursday #50

I am in KS we are in a drought Racygrandma Thursday #59

I am in southern part of AZ. And idiot county officials STILL promote data centers Attilatheblond Thursday #61

Used to live in 'wheat country' in Montana. Drought there too. Attilatheblond Thursday #62

And in the meantime, deafness has its advantages! Sweet Rosie Red Yesterday #68

You could read the same analysis as this post SCantiGOP Thursday #31

I also think that AI will end up being a bust LetMyPeopleVote Thursday #32

I agree with you on that..................... Lovie777 Thursday #34

That's on them for trying to take shortcuts without due diligence MichMan Yesterday #76

If you are in the market at all, perhaps consider XMAG ETF pat_k Thursday #33

As I have said elsewhere this looks exactly like the excessive speculation I saw when the internet was ramping up Ford_Prefect Thursday #35

Exactly. MineralMan Thursday #53

Thomas Edison new well the potential of new technology even in the face of its opposition. Ol Janx Spirit Thursday #36

This message was self-deleted by its author Prairie_Seagull Thursday #38

Nope NoRethugFriends Thursday #39

Good analysis and explanation. MineralMan Thursday #42

Thank you. NoRethugFriends Thursday #58

Perhaps some people do not use AI effectively ThreeNoSeep Thursday #41

Most people don't use it at all. MineralMan Thursday #45

Correction ThreeNoSeep Thursday #51

When people say they do not use AI are wrong. What they mean is that they are being "used" by AI. efhmc Yesterday #81

We fear what we don't understand RoseTrellis Thursday #43

LOL! MineralMan Thursday #44

If your 401K has a stock component, you're likely exposed to AI stocks nitpicked Thursday #46

I think that the real commercial purpose of AI Klarkashton Thursday #52

I've posted a link to this analysis before .... eppur_se_muova Thursday #55

Totally agree that baloon is about to pop CanonRay Thursday #57

Is AI going away? lonely bird Yesterday #63

"Let Grandma Die for the DOW" Ruby the Liberal Yesterday #65

I agree! Sweet Rosie Red Yesterday #67

Like most DU predictions, this one should be taken with a grain of salt. onenote Yesterday #69

OK. That should go without sayiing. MineralMan Yesterday #71

Very bad advice to advocate against the AI trade in the stock market flamingdem Yesterday #87

I think you're 100% correct. Greybnk48 Yesterday #70

Wishful ludditic thinking Sympthsical Yesterday #72

LOL! MineralMan Yesterday #73

I did get a chuckle Sympthsical Yesterday #74

Agree Yo_Mama_Been_Loggin Yesterday #75

100% Blue Full Moon Yesterday #77

AI failure in customer service is a feature, not a bug. Bobstandard Yesterday #78

Kevin O'Leary is involved in a number of the proposed large data centres Bev54 Yesterday #79

There will always be bad actors who will use AI louis-t Yesterday #80

The Gartner Hype Cycle is undefeated. usonian Yesterday #82

Article from a British tech magazine that you should see: highplainsdem Yesterday #83

Paul Krugman and many others have made the same prediction. Martin68 Yesterday #85

Sorry, don't agree flamingdem Yesterday #86

I thnk you are right, esp since it wasn't a real "hit" to start with. In some apps, it might be good, but not for human Exp Yesterday #88

That's with the models they've released publicly. Jedi Guy Yesterday #89

We can only hope. And I hope you are right on this MM! KPN Yesterday #90