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by fooker 4 days ago
> that's independent of whether business models and broader economy is going to explode.

It's independent of the former, but not the later. That is my point.

Businesses and business models fail all the time, does not mean the 'broader economy is going to explode'.

It could, sure. But that has been predicted several hundred times and happened only a few times.

1 comments

You're making a classic logic error by accidentally equating corner bodega with trillion dollar keystone industry.

Business models fail all the time, trillion business models that underpins entire macro economic growth engine exploding and causing massive contagion happens rarely, not even generationally. But when they do the leading bubble mathematic indicators are more clear.

You may be conflating magnitude of dollars invested in AI being at records with the fact that they're actually a lower percentage of GDP than other speculative bubbles have been ... this is important to understand because the magnitude of a slow down maybe much smaller than you seem to think