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mirrorwitch

@mirrorwitch@awful.systems
lemmy 0.19.12
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Joined August 29, 2024

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Boosted by Charlie Stross @cstross@wandering.shop
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@mirrorwitch@awful.systems · Feb 06, 2026
“Amazon plunges 9%, continues Big Tech’s $1 trillion wipeout as AI bubble fears ignite sell-off” cnbc.com/…/ai-sell-off-stocks-amazon-oracle.html
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@mirrorwitch@awful.systems in techtakes · Jan 03, 2026
guess the USA invasion of Venezuela puts a flashing neon crosshair on Taiwan. An extremely ridiculous notion that I am forced to consider right now is that it matters whether the CCP invades before or after the “AI” bubble bursts. Because the “AI” bubble is the biggest misallocation of capital in history, which means people like the MAGA government are desperate to wring some water out of those stones, anything. And for various economical reasons it isn’t doable at the moment to produce chips anywhere else than Taiwan. No chips, no “AI” datacenters, and they promised a lot of AI datacenters—in fact most of the US GDP “growth” in 2025 was promises of AI datacenters, if you don’t count these promises the country is already in recession. Basically I think if the CCP invades before the AI bubble pops, MAGA would escalate to full-blown war against China to nab Taiwan as a protectorate. And if we all die in nuclear fallout caused to protect chatbot profits I will be so over this whole thing
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