@ChrisMayLA6 A traditional scam for a traditional Christmas.

Less a set of SPVs than a game of pass-the-parcel before the music stops.

@ChrisMayLA6

@ChrisMayLA6

But big tech won't necessarily be completely innoculated. There will still be bills to pay for GPUs, companies providing connectivity etc. So the likes of nvidia will take the hit unless of course they've done the sensible thing and insisted on payment up front...

@ChrisMayLA6 And it's not if the GenAI bubble will burst, but simply only when...

@ChrisMayLA6 You act as if you don't believe that is true.

RE: https://zirk.us/@ChrisMayLA6/115773168663578320

@ChrisMayLA6

This is an aspect I wasn't aware of.

Worth considering.

@ChrisMayLA6 Is this what “pop” sounds like in slow motion?

@ChrisMayLA6

Why would banks and investors want to take that risk on?

@ChrisMayLA6

When the bubble bursts. The speculation is rampant and these companies are selling Binary Tulips to support Dunning-Kruger accelerators.

The shine is already going and gone off in some segments of the IT and infoSec industries. The rest will follow soon enough.

@ChrisMayLA6 socialise the loss, we learned in 2008 that there is no limit to the shit government will push back onto the wage slave to cover their donors