CaptainExplosion said:
I thought the AI bubble bursting would be a good thing. |
Not for the economies of the world, I'd expect nothing less than worse recession than 2008-10 and if not on par then bordering the great depression. Iran has already massively fucked things up. 20% of the world's oil stopped for that long and 30% of fertiliser. Heck, if the bubble doesn't burst we're still fairly fucked. We are in a bit of a lull because of government interventions but that pain is coming back around real soon. If the bubble burst now it would be the worst global disaster since WW2. It's a gigantic bubble not seen at its size before.
