What is going on?
Have people fallen into some kind of psychosis? That can happen when the stock market has been rising for a long time. At the top in 2000 it was obvious. I wasn’t around in 1929, but it was probably the same then. ‘This time it’s different.’
Now it seems even more obvious. I have to ask again: why invest long‑term in artificial intelligence? The jobs that will be automated first are white‑collar jobs. Those are the jobs that hold up the housing bubble and therefore the entire financial system. So we’re heading toward a systemic collapse.
It’s not rocket science..lol. Scary.