They’re buying up all the computing capacity now while the global supply chain for it still exists.
Profitability can come at some unspecified later date and they probably don’t even have concrete plans for that right now.
Not concrete but have the same playbook they always use. Monopolize, Pump & Dump, Buy the Dip.
The AI bubble won’t pop until the shareholder class decides they’re ready to leave us holding the bag. They’ll sell off their stocks, crashing the market and ending VC investments. Companies will go bankrupt and their assets will be liquidated. Land ownership, hardware inventories, pre-purchase orders, etc will be purchased for pennies on the dollar by the same shareholder class who owned them prior but under different corporate ownership.
Their goal is to monopolize the future of computing and prevent the future of the internet from becoming an open source decentralized network.
The sad thing is they don’t even have the common decency to go bust and fail. They learned from 2008 they can just have the Government/tax payer subsidize their losses. While they keep their profits.
Knew a guy who said he was descended from some European family that had been nobility and they used arranged marriages to strategically change sides during major conflicts; thus maintaining their wealth/status for centuries.
I have my doubts about his heritage but I don’t doubt that rich people did/do this kind of shit.
They’re buying up all the computing capacity now while the global supply chain for it still exists.
Not concrete but have the same playbook they always use. Monopolize, Pump & Dump, Buy the Dip.
The AI bubble won’t pop until the shareholder class decides they’re ready to leave us holding the bag. They’ll sell off their stocks, crashing the market and ending VC investments. Companies will go bankrupt and their assets will be liquidated. Land ownership, hardware inventories, pre-purchase orders, etc will be purchased for pennies on the dollar by the same shareholder class who owned them prior but under different corporate ownership.
Their goal is to monopolize the future of computing and prevent the future of the internet from becoming an open source decentralized network.
The sad thing is they don’t even have the common decency to go bust and fail. They learned from 2008 they can just have the Government/tax payer subsidize their losses. While they keep their profits.
2008, 1980, 1929, 1907… Its an old playbook.
Knew a guy who said he was descended from some European family that had been nobility and they used arranged marriages to strategically change sides during major conflicts; thus maintaining their wealth/status for centuries.
I have my doubts about his heritage but I don’t doubt that rich people did/do this kind of shit.
I’m pretty sure that is just the Rothschilds.
You are exactly right. Its the same plan they’ve always used.