@[email protected] has moved on Nostr: The good news is that the AI bubble/boom looks like it could be similar to the C19th ...
The good news is that the AI bubble/boom looks like it could be similar to the C19th railway boom.... there was a significant bust, but the boom left a widespread & transformational infrastructure in place.
The bad news is that the AI bubble/boom looks like it could be similar to the C19th railway boom.... when sentiment & economic stagnation hit, shares halved in value very quickly causing massive economic disruption.
History doesn't repeat, but it *does* rhyme!
#AI #FinancialCrisis
h/t FT
Published at
2025-12-31 07:15:53 CETEvent JSON
{
"id": "31197a9688f6ae78671d431aa19b03f7f5e77b8ae0cf32a8e3d970f4c0cca4a0",
"pubkey": "505c52e214eea5a1d344ea4cb8d2923de27bddda4de2277277914bb8a1919a5b",
"created_at": 1767161753,
"kind": 1,
"tags": [
[
"t",
"ai"
],
[
"t",
"financialcrisis"
],
[
"proxy",
"https://zirk.us/@ChrisMayLA6/115812712653774811",
"web"
],
[
"proxy",
"https://zirk.us/users/ChrisMayLA6/statuses/115812712653774811",
"activitypub"
],
[
"L",
"pink.momostr"
],
[
"l",
"pink.momostr.activitypub:https://zirk.us/users/ChrisMayLA6/statuses/115812712653774811",
"pink.momostr"
],
[
"-"
]
],
"content": "The good news is that the AI bubble/boom looks like it could be similar to the C19th railway boom.... there was a significant bust, but the boom left a widespread \u0026 transformational infrastructure in place.\n\nThe bad news is that the AI bubble/boom looks like it could be similar to the C19th railway boom.... when sentiment \u0026 economic stagnation hit, shares halved in value very quickly causing massive economic disruption.\n\nHistory doesn't repeat, but it *does* rhyme!\n\n#AI #FinancialCrisis \nh/t FT",
"sig": "9f6dd9fd0c96d0d7e110786b852a964ca2d05abdc8b7fa359575b94962a882f464513c7c7831b2b054a2c060e84ac9b4aae780158126bfc48a0794be8bcd3a96"
}