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by jawilson2 13 days ago
I think he's saying that if one company panics or fails, all of the other AI companies will quickly pull out, and it will be a race to not be holding the hot potato at the end when the bubble bursts. Lots of analogies there! This is where we get the phrase "the stock market takes the stairs up and the elevator down". It crashes quickly and hard, and can be triggered by one event.