Right, in a very short time we just went from money being virtually free to interest rates soaring, coupled with fears of trade war and general market uncertainty. I can't really fathom how people can attribute this to just LLMs without looking around to consider the state of the rest of the world.
I remember back in 2017 when I was looking at yet another blockchain company which had raised huge sums of money to develop the next dubious blockchain of no value while throwing piles of money at large teams of PhDs, thinking that the world is in need of a recession to stop this lunacy. It happened.
Our trade policy being determined by a coked-up narcissistic child that tantrums and creates a tariff anytime he hasn't been mentioned on the tv for too long or his buddies want to frontrun the market on the pullback and steal some money is not helping.
How confident do you feel about our economic policy? Even if your company isn't directly involved in international trade, there's a good chance your customers are. My customers are putting off non-essential software.
I remember back in 2017 when I was looking at yet another blockchain company which had raised huge sums of money to develop the next dubious blockchain of no value while throwing piles of money at large teams of PhDs, thinking that the world is in need of a recession to stop this lunacy. It happened.