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It Appears That the AI Bubble Has Just Burst in China (futurism.com)
submitted 1 day ago by return2ozma@lemmy.world to c/technology@lemmy.world
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[-] OwOarchist@pawb.social 8 points 21 hours ago

you can’t allow house prices to go up forever. Because that means getting onto the housing ladder becomes harder and harder, young people would have to rent forever. Their income thus funneled into the property owning class, inequality goes up, stability goes down, and so on. Everyone can see the problem, but not all governments can do something about it.

Here in hyper-capitalist dystopia, our property owning class is placing their bets on being able to deter that 'stability goes down' part with all-pervasive surveillance and authoritarianism.

this post was submitted on 27 Oct 2026
387 points (97.3% liked)

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