Re:I'm Not Convinced the AI Bubble Exists
by bigbadfeline on Monday November 09, 2026 @12:45PM
(#50428834)
> I don't think anyone serious believes this any more. The tech is thoroughly commoditized.
The latter doesn't imply the former. In other words it doesn't matter what the reality is, it matters what the excuses for sinking money down the hole are.
> There is no way to monopolize a technology this big. It would be like monopolizing literacy.
Again, I don't know if literacy is monopolized or not, that's a separate and quite long conversation, but whatever the case is, it doesn't mean anything wrt AI because GPUs and RAM are already monopolized and successful market scalping requires monopolization.
The bubble is simply an extraction mechanism, the conditions for it are present now, as are the will and power available to those who can do it and benefit from it. How long it's going to continue is a question with many unknowns but the conditions for it can be maintained for at least another 3 to 7 years.
The latter doesn't imply the former. In other words it doesn't matter what the reality is, it matters what the excuses for sinking money down the hole are.
> There is no way to monopolize a technology this big. It would be like monopolizing literacy.
Again, I don't know if literacy is monopolized or not, that's a separate and quite long conversation, but whatever the case is, it doesn't mean anything wrt AI because GPUs and RAM are already monopolized and successful market scalping requires monopolization.
The bubble is simply an extraction mechanism, the conditions for it are present now, as are the will and power available to those who can do it and benefit from it. How long it's going to continue is a question with many unknowns but the conditions for it can be maintained for at least another 3 to 7 years.