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Apple Will 'Watch Everything Burn' When AI Bubble Bursts (www.macrumors.com)

submitted 5 days ago by cantankerous_cashew@lemmy.world to c/apple_enthusiast@lemmy.world

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[–] Racoonwithbenefits@lemmy.zip 6 points 5 days ago (1 children)

Yeah

Unless it takes off like the ai companies hope.. it still several years off. Wonder how big this bubble will be.

[–] desmosthenes@lemmy.world 10 points 4 days ago (1 children)

so far 1.6trillion, that we know of https://asia.nikkei.com/business/technology/five-us-tech-giants-hidden-debts-soar-to-1.65tn-on-opaque-ai-funding

[–] scibra122@piefed.social 6 points 4 days ago

Plus the 1.3T that the companies are actually reporting. Plus the equity value wipeout that could easily add another couple trillion on top of that. Plus the hundreds of billions of dollars in public wealth that will be burned in government handouts and subsidies to try and "soften the landing" (read: provide golden parachutes). It's gonna be a heck of a pop