And if the data centers, AI models, and chip fabs - all of which are involved in circular leveraged investing - fail to meet their implausible demand forecasts, there will be a collapse.
They will say, "If we don't keep going, China will beat us!" They will say, "Noone could have predicted this." And they will say, "We are the only ones with the foresight to guide us forward," despite having just fallen flat on their faces regarding investment foresight.
And they will ask for the largest bailout in history.
Tell everyone about this, now. If a collapse starts, everyone needs to start contacting their congresspeople immediately to demand that the billionaires do not get bailed out. Everyone needs to be aware of this in advance, or they're going to take trillions from the commoners and give it to the billionaires whose fault it will be.
When it pops, its going to take everyones pensions and other savings with it. And its far too large for government bailouts at this point. But those at the top of the "AI" fraud will no doubt have extracted hundreds of billions before that happens.
And of course, if by some miracle someone suddenly works out how to actually deliver any of the bullshit claims, no-one is going to have a job or any money anyway...
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u/Hashsum88 7h ago edited 5h ago
capitalize profits, socialize losses. Welcome to modern era capitalism
edit: i meant โprivatizeโ profits!