AI bubble burst

goat said:
The US could get rid of 90% of their data centers but won't because the Epstein class has too much invested.
Click to expand...

The Epstein class? democrats and the Hollywood left? What do they have to do with this?

goat said:
China already closed 80% of their data centers because they're obsolete.
China built a proton chip that doesn't heat up like a silicon chip.
Click to expand...

ROFL

China can't build anything that they don't steal from America first.

There is no such thing as a "proton" chip. Most likely you are ignorantly referring to "photonic data transfer" (PDT). This replaces traditional gold etchings with silica in microchips. Replacing register to register data transfers from using electron to using light particles - i.e. photons. This exponentially increases computational speeds as light particles travel at the speed of light - thousands of times faster than electrons do.

No doubt Chinese exchange spies in American universities have stolen much information. The problem with PDT at this moment is that it uses chlorophyll to react to the photons. Registers must reflect ones and zeroes to work. chlorophyll work, but at the scales of microprocessors, breaks down after a few million state changes. A chip that fails after a few hours of use, no matter how fast it is, isn't viable. Use of a DSP destroys the whole purpose.

Intel and Nvidia are the leaders in the technology - working jointly (Trump should NOT have blocked the merger.)

goat said:
Nvidia built a $250 AI supercomputer the size of a wallet.
Click to expand...

ROFL

Uh no.

Even a solid video card from Nvidia is about $2,000

The H100 GPU runs about $40,000 per chip, with a typical board running 16 chips for moderate use.

$600,000 for supercomputer performance is a bargain. But this is only for the compute function. A running computer will run about $1.5 to $2 milion.

Which is still astounding. An IBM 370 in the 1990's was close to a billion dollars. Never mind a Cray.

goat said:
The AI bubble will burst and the US taxpayers will bailout Wall Street again.

18 minutes to learn the truth.

View: https://www.youtube.com/watch?v=nXpr7VqkVSE
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I hope the Jetson turns out to be useful. The Raspberry Pi is an amazing little device. I can see the Jetson becoming the next Pi. But it is what it is, a hobbyist chip.
 
SpaceX (SPCX) stock tumbled to the $150s after its explosive debut, erasing nearly all gains from its post-IPO surge. The drop was triggered by a massive $20 billion bond offering, a controversial $60 billion stock acquisition of AI startup Cursor, and a low ESG rating from MSCI.

----------------------------------
Here we go.
 
goat said:
will be far worse than the dotcom scam and compete with the 1929 US bankruptcy.
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Was the USA "bankrupt" in 1929, as Goat claims here? https://www.justplainpolitics.com/threads/ai-bubble-burst.240827/




No, the United States was not "bankrupt" in 1929.


Goat's claim in that forum thread (comparing a potential AI bubble to the "1929 US bankruptcy") is inaccurate or misleading.

The 1929 stock market crash and the ensuing Great Depression were a severe economic crisis, but they did not involve the U.S. federal government declaring or entering bankruptcy.


Key Facts on 1929 and the Great Depression​


  • The event: The Wall Street Crash (Black Tuesday, October 29, 1929) triggered the Great Depression. Stock values plummeted (the Dow lost ~89% of its value by 1932), industrial production collapsed, unemployment soared to ~25% by 1933, and there were widespread bank failures (about 9,000 of ~25,000 banks failed in the 1930s, with thousands in the early years).
  • Banking and private sector impact: This was a massive wave of private bank runs, failures, and insolvencies due to deflation, bad loans, illiquid assets, and panic—not a sovereign bankruptcy. The Federal Reserve's contractionary policies worsened it. Many businesses and individuals went bankrupt, but this was not "the USA" as a country or government.
  • U.S. federal government finances: The government did not go bankrupt. Public debt was low relative to GDP (~16-20% in the early 1930s). It rose during the Depression due to falling revenues and New Deal spending (to ~40% of GDP by the mid-1930s), but the U.S. continued to service its debts without default.

No sovereign default or bankruptcy filing occurred. The U.S. was (and is) a sovereign issuer of its own currency and could always meet obligations in dollars.


Related but Distinct Events​


  • 1933 gold standard changes: FDR took the U.S. off the gold standard, devalued the dollar, and abrogated gold clauses in contracts/bonds (via the Gold Clause Resolution and related actions). Some view this as a partial repudiation or "default" on gold-backed promises, as bondholders received devalued dollars instead of gold. However, this was not bankruptcy—it was a monetary policy shift during crisis to allow reflation and expansion. The government paid its debts in the new terms.
  • 1971: Goat also mentions 1971 (Nixon shock, ending dollar-gold convertibility for foreign governments). This was another Bretton Woods adjustment, not bankruptcy.

Claims of U.S. "bankruptcy" in 1929 (or similar eras) often come from fringe or hyperbolic contexts confusing private sector collapse, debt levels, or monetary changes with sovereign insolvency. The federal government has never formally defaulted on its debt in the modern era.


In short, 1929 marked the start of a devastating depression with huge private losses and policy failures, but the U.S. government was solvent and operational throughout. Equating that to national bankruptcy is not supported by historical evidence.


grok.com

1929 Crash Not US Bankruptcy | Shared Grok Conversation

Was the USA "bankrupt" in 1929, as Goat claims here? https://www.justplainpolitics.com/threads/ai-bu
grok.com grok.com
 
Diogenes said:
Was the USA "bankrupt" in 1929, as Goat claims here? https://www.justplainpolitics.com/threads/ai-bubble-burst.240827/




No, the United States was not "bankrupt" in 1929.


Goat's claim in that forum thread (comparing a potential AI bubble to the "1929 US bankruptcy") is inaccurate or misleading.

The 1929 stock market crash and the ensuing Great Depression were a severe economic crisis, but they did not involve the U.S. federal government declaring or entering bankruptcy.


Key Facts on 1929 and the Great Depression​


  • The event: The Wall Street Crash (Black Tuesday, October 29, 1929) triggered the Great Depression. Stock values plummeted (the Dow lost ~89% of its value by 1932), industrial production collapsed, unemployment soared to ~25% by 1933, and there were widespread bank failures (about 9,000 of ~25,000 banks failed in the 1930s, with thousands in the early years).
  • Banking and private sector impact: This was a massive wave of private bank runs, failures, and insolvencies due to deflation, bad loans, illiquid assets, and panic—not a sovereign bankruptcy. The Federal Reserve's contractionary policies worsened it. Many businesses and individuals went bankrupt, but this was not "the USA" as a country or government.
  • U.S. federal government finances: The government did not go bankrupt. Public debt was low relative to GDP (~16-20% in the early 1930s). It rose during the Depression due to falling revenues and New Deal spending (to ~40% of GDP by the mid-1930s), but the U.S. continued to service its debts without default.

No sovereign default or bankruptcy filing occurred. The U.S. was (and is) a sovereign issuer of its own currency and could always meet obligations in dollars.


Related but Distinct Events​


  • 1933 gold standard changes: FDR took the U.S. off the gold standard, devalued the dollar, and abrogated gold clauses in contracts/bonds (via the Gold Clause Resolution and related actions). Some view this as a partial repudiation or "default" on gold-backed promises, as bondholders received devalued dollars instead of gold. However, this was not bankruptcy—it was a monetary policy shift during crisis to allow reflation and expansion. The government paid its debts in the new terms.
  • 1971: Goat also mentions 1971 (Nixon shock, ending dollar-gold convertibility for foreign governments). This was another Bretton Woods adjustment, not bankruptcy.

Claims of U.S. "bankruptcy" in 1929 (or similar eras) often come from fringe or hyperbolic contexts confusing private sector collapse, debt levels, or monetary changes with sovereign insolvency. The federal government has never formally defaulted on its debt in the modern era.


In short, 1929 marked the start of a devastating depression with huge private losses and policy failures, but the U.S. government was solvent and operational throughout. Equating that to national bankruptcy is not supported by historical evidence.


grok.com

1929 Crash Not US Bankruptcy | Shared Grok Conversation

Was the USA "bankrupt" in 1929, as Goat claims here? https://www.justplainpolitics.com/threads/ai-bu
grok.com grok.com
Click to expand...
You used AI to tell you if AI is a bubble that will cause the US to go bankrupt, again?
 
Diogenes said:
I asked Grok if you were incorrect. You were.
Click to expand...
p06bk6m3.jpg
 
OpenAI begs Trump for bailout. Big government spending republicans will continue to throw money at another scam.
 
goat said:
OpenAI begs Trump for bailout. Big government spending republicans will continue to throw money at another scam.
Click to expand...
The most bubble of all bubbles I am hearing, there is zero chance the global economic system.....already very weak from many decades of corruption and theft.....can survive this crash.

And what about energy and water.....things humans need?

Demonic Empire.
 
I have been reading that insurance companies and pensions are sinking a shit ton of money into AI, and that they are almost certain to lose most of it.
 
Hawkeye10 said:
The most bubble of all bubbles I am hearing, there is zero chance the global economic system.....already very weak from many decades of corruption and theft.....can survive this crash.

And what about energy and water.....things humans need?

Demonic Empire.
Click to expand...
OpenAI is privately owned and planning to go public. S&P is where scams go to look for a taxpayer bailout. They offered Trump a 5% bribe to keep the scam going. Reality is stranger than fiction.
 
Uncensored2008 said:
The Epstein class? democrats and the Hollywood left? What do they have to do with this?



ROFL

China can't build anything that they don't steal from America first.

There is no such thing as a "proton" chip. Most likely you are ignorantly referring to "photonic data transfer" (PDT). This replaces traditional gold etchings with silica in microchips. Replacing register to register data transfers from using electron to using light particles - i.e. photons. This exponentially increases computational speeds as light particles travel at the speed of light - thousands of times faster than electrons do.

No doubt Chinese exchange spies in American universities have stolen much information. The problem with PDT at this moment is that it uses chlorophyll to react to the photons. Registers must reflect ones and zeroes to work. chlorophyll work, but at the scales of microprocessors, breaks down after a few million state changes. A chip that fails after a few hours of use, no matter how fast it is, isn't viable. Use of a DSP destroys the whole purpose.

Intel and Nvidia are the leaders in the technology - working jointly (Trump should NOT have blocked the merger.)



ROFL

Uh no.

Even a solid video card from Nvidia is about $2,000

The H100 GPU runs about $40,000 per chip, with a typical board running 16 chips for moderate use.

$600,000 for supercomputer performance is a bargain. But this is only for the compute function. A running computer will run about $1.5 to $2 milion.

Which is still astounding. An IBM 370 in the 1990's was close to a billion dollars. Never mind a Cray.



I hope the Jetson turns out to be useful. The Raspberry Pi is an amazing little device. I can see the Jetson becoming the next Pi. But it is what it is, a hobbyist chip.
Click to expand...
this aged like milk.

the Epstein files dropped and AI is crashing out for stupidity and evil.

epstein is more than Hollywood, lie sack.

Epstein was also "conviviating" in the techbro circle too.

proving the evil of AI.
 
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Jerry Mathers said:
right, AI as a source of information is just a random product of humanity's mass retardation.

the true value is surveillance and control, no matter the fascist fuckholes say about it.
Click to expand...
Lucid (LCID) stock halted, crashes 40% on bankruptcy report. We're watching the beginning of a domino effect. The first bankruptcy will cause them all to fall and the banks will follow.
 
goat said:
Lucid (LCID) stock halted, crashes 40% on bankruptcy report. We're watching the beginning of a domino effect. The first bankruptcy will cause them all to fall and the banks will follow.
Click to expand...
I am hearing on my grapevine that this will be a collapse now.....two many people have figure out that this is bad for people and that the economics are complete fantasy.

The bubble of all bubbles.....this will be very painful....popping bubbles always are......but we do it over and over again....we refuse to learn.

Stupid Hurts Here.
 
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