The AI Bubble Warning Just Came From Europe’s Central Bank (www.gadgetreview.com)

submitted 2 weeks ago by technocrit@lemmy.dbzer0.com to c/fuck_ai@lemmy.world

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Passive investing turned everyone into a tech investor without anyone asking permission. That’s the uncomfortable reality your pension statement won’t spell out. Concentration risk isn’t theoretical — it’s sitting inside the funds you forgot you owned, quietly indexed to the same seven companies the ECB just flagged as the core of a potential AI Infrastructure financial stability problem.

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[-] sudo@programming.dev 2 points 2 weeks ago* (last edited 2 weeks ago)

Yeah when will those expired GPUs hit the resell market? Or are they going to grapes of wrath them.

[-] schipelblorp@sh.itjust.works 2 points 2 weeks ago* (last edited 2 weeks ago)

There is a crime here that goes beyond denunciation. There is a sorrow here that weeping cannot symbolize. There is a failure here that topples all our success. The productive factories, the people in white coveralls in their perfectly-controlled environments and the chips, 16GB of VRAM just waiting for a charge. And children dying of boredom must play games on their phones because profit can not be taken from a GPU. And parents must hear daily, "I want to play Valorant" and "Skyrim is boring" and yet not be able to do anything--because the GPUs must rot, must be forced to rot.

this post was submitted on 19 Aug 2026

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