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by hobofan
168 days ago
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Doesn't mean it's a valuable take. It doesn't even significantly matter whether it's a bubble or not, but whether its a "bad" bubble. I think Steve Eisman (of housing bubble fame) recently made the argument that it's probably a bubble, but it doesn't seem to have the hallmarks it would have to turn it into a crisis. e.g. no broad immediate exposure for the general populace (as in housing/crypto bubbles). |
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there are billions and billions of dollars invested in there -- it matter significantly to a lot of people.
the bubble popping may trash the US and possibly global economy. "it doesn't matter" has to be one of the worst AI takes I've seen...