• SabinStargem@lemmy.today
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    23 hours ago

    My money is on the American bubble popping. China would do just fine. As to Europe’s? Probably not developed enough to seriously impact them, but probably able to fill America’s void once the bubble action has died down. America is pretty fucked in general, so it isn’t so much AI in particular, but rather a ghost economy.

    Something based on imaginary stocks, grift, de-industrialization, ghost jobs and falsified labor statistics, likely mixed with a debased dollar, just doesn’t bode well.

    • Muffi@programming.dev
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      17 hours ago

      Most of the European digital infrastructure is caught in the web of Microsoft, and will be pulled down with it when Microsoft inevitably lose their bets on AI.

      • 1984@lemmy.today
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        3 hours ago

        Pulled down how? They will just keep using office or azure or whatever. No changes.

        Seems to me that the Microsoft stock may drop 20% but otherwise, what consequences will it really have on European markets?

    • Gorilladrums@lemmy.world
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      22 hours ago

      Something based on imaginary stocks, grift, de-industrialization, ghost jobs and falsified labor statistics, likely mixed with a debased dollar, just doesn’t bode well.

      This is literally describes China, what are you even talking about?

      • SabinStargem@lemmy.today
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        22 hours ago

        It is a matter of degree. While China has issues, America’s is much worse across the board.

        • Gorilladrums@lemmy.world
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          6 hours ago

          Again, what are you even talking about? Literally everything you listed China is doing much worse in, not to mention other major issues like a demographic crises on top of everything else.

    • vurr@lemmy.today
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      11 hours ago

      What a shitty take. Imagine betting on something with a poor human rights record and countless privacy violation. America may have it’s faults, but it will get ironed out like it always does. I’m hoping for everybody’s sake that China doesn’t become the new global superpower. America has the soft power thing down to the t at least.

      As for the other claims you made, source?

      In my humble opinion Bush kind of fucked America up, but that is fixable.

      • SabinStargem@lemmy.today
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        9 hours ago

        Dude. I live in the US, and would like it to be a super-awesome place that genuinely leads the world in morality and prosperity.

        Unfortunately, my nation has been going down the toilet. If you haven’t noticed, things like ICE’s raid on Hyundai, the undeclared war and crimes upon Venuzela, over 1,800 people disappeared from Alligator Alcatraz, Mike Johnson refusing to open congress, the SNAP denial, and other bouts of malicious stupidity are very bad signs for the future.

        In any case, I don’t like China, but it is likely to be a superpower for awhile until India or someone else takes the crown. The crown was America’s to lose, and I am pretty sure we are losing it.

    • Tollana1234567@lemmy.today
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      18 hours ago

      even if chinas AI doesnt work out, they probably do a slow deliberate fall, orchestrated by the ccp. much like they did with the evergrande ponzi scheme.