Last year, I bought an Nvidia GPU for self-hosting AI tools. I'm not a gamer, and I would've never bought this thing if it weren't for AI. I simply don't want to rely on big tech for tools that I would share my personal information with. After spinning up some
An economic bubble isn’t when something is fake and ceases to exist when the bubble bursts.
We use the term when the market is inflated way beyond its value.
A bubble bursting is when people realize the market is inflated way beyond its value and pull out, leaving debt-ridden companies to their debt.
Some go bankrupt, stock prices fall, economy news outlets insist nobody could have predicted this, investments go elsewhere, people are laid off, and the people responsible fail upward to another grift.