AI bubble popping might trigger Hyperinflation and we cant do shit about it

  • Thread starter Thread starter Kyle Crane
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Im not expert in economics or stock market but as much as i have heard how billionaires are exiting with huge profits from AI hype while literally killing pension funds in the US

If things are so bad in the USA. Then i dont even wanna imagine how bad it will get it India

You keep money in banks but banks collapsed
You keep money in cash but hyperinflation reduced the value significantly
You keep buying gold thinking its safe but who is gonna buy that gold from you?
 
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Source

one of the sources from where i learnt about this. if anyone is interested please do have a look at this video, atleast someone is making informative videos in Hindi
 
AI hype is not bubble imo, people are making a lot of money.
Then i dont even wanna imagine how bad it will get it India
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I don't think it's gonna affect India largely because we are consumers and cheap talent market for americans. No foundational model, no major AI research labs, no funding or incentive to do so. Indian founders don't get funding easily, those who are based in India. Speaking from experience.
VCs don't trust Indian founders anymore.
heard how billionaires are exiting with huge profits from AI hype
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not only billionaires, even millionaires exit when the time is right. SaaS market is saturated, very difficult to compete. You never know, kabhi bhi downfall start ho jaata hai.

Now coming to SF based founders, most of the AI SaaS founders are building LLM wrappers which will hardly have any customers because the problems they are trying to solve don't even exist in the first place.

AI has a lot of application other than tech like medicine, logistics, supply chain, operations etc, so there is a long way to go. Not a bubble in my opinion.

PS: IT companies like TCS and infosys will survive, no matter what people say. They are the biggest adapters of AI and too big to fail.
 

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In some nonsense note:
India should be more worried about losing its currency's value against the global market. 100 cr bhi ho tumhare paas, paar agar uski aukat $100 ki hi hai to kya matlab.
 
KOSPI Market crash today yet again, huge dumps surrounding AI, this should be early warnings

economictimes.indiatimes.com

South Korean shares fall over 5% on AI spending concerns and oil spike

South Korean shares declined significantly on Friday due to AI spending concerns. Mega US tech firms' moderation in AI outlays impacted Asian chipmakers' outlook. Oil prices exceeding $100 a barrel also contributed to the negative market sentiment. Major chipmakers like Samsung Electronics and...
economictimes.indiatimes.com economictimes.indiatimes.com
 
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