Same with Andy Jassy/Amazon. Basically anyone who bankrolled OpenAI and Anthropic and sustained this bubble will be responsible for torpedoing the markets. This could've been stopped in 2019 if Sundar Pichai hadn't made Google follow Microsoft. Say their names every time we talk about the crash.
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Does it make any sense that Tesla’s market cap is 4 times that of Toyota even though Toyota sells 10 times as many vehicles annually? And also makes cars that don’t explode or drive into lamp posts?
the only saving grace for tech will be the influence w/ the president; that's why they were all lining up behind the orange git
there's no way the tech companies all together even begin to approach the neighborhood of too big to bail
But I’ll be happy when it happens — because I’ll be so, so very rich in “I freak’n TOLD you so” ‘s.
I’ll be on my deathbed mumbling, “told ya it was garbage”.
https://bsky.app/profile/jahre.bsky.social/post/3lixgar3um22f
"Of course not. It should go to the American people who are going to suffer because of this!" -Grok
/days later
"Now introducing Grok 4!" -X, the Everything App
Gold is a joke, you can't eat it, and when the stock market did a micro crash b/c Trump's tariff announcement, both Bitcoin and gold started crashing too!
Kinda wild to see. I do not have a lot of faith it's going to work out.
Fulfulling Arthur C Clarke's “Any sufficiently advanced technology is indistinguishable from magic” quote and the future is just magic guilds and Netflix.
https://bsky.app/profile/edzitron.com/post/3lixik25phs2u
Superficially at least, the tech bubble is of the order of the https://dot.com bubble. It feels more important because big tech has highjacked all communication channels