- cross-posted to:
- news@lemmy.world
- cross-posted to:
- news@lemmy.world
Burn baby burn!!!
“Many in the market feel we have no choice but for it to work out,”
Yes this is what it everyone feels like when they are in denial…
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Honestly, we’re screwed either way…
If the bubble doesn’t burst, they’re going to keep building data-centres everywhere that massively drive up the cost of living everywhere.
If the bubble does burst, these companies are gonna drag the taxpayer down with them, which will likely cause yet another massive recession and drive up the cost of living.
But for a short time the shareholders made a lot of money, and isn’t that truly wonderful /s
It’s still better if it pops because out of the two options you named the popping one creates significantly fewer CO2 emissions.
bloodbath
2.6%
Rolling back like 6 months of gains is a bloodbath? Talk about entitled fucking trust fund babies. The rest of us have been experiencing a bloodbath at the supermarket every other week.
2.6% of the entire NASDAQ? Yes these are huge shifts in value.
Stocks go up: people laid off.
Stocks go down: more people laid off.
So someone who had some spare money and bought in to the NASDAQ for $1000 on Jan 1, 2026 now only has $1094.70 instead of the $1123.30 they had yesterday. Cry me a river.
Losing 2% of your body mass either doesn’t matter at all or it matters a lot, depending on where and why you lost it.
A general market trend is a concern. 2% of the NASDAQ tanking because it comes specifically from the 10% of it that is wrapped up in vaporware and is heavily leveraged is a crack in the foundations.
This probably isn’t the straw people want because they’re not concerned about the consequences. It is, however, an objectively huge market correction.
I’m finally getting in position to buy a decent amount of shares so a big market correction would be quite welcome
Careful, your car will hear you!
Perfect meme hahahaha
No need to worry government is going to bail them out with the working class taxes
Even better! It’s all going on the giant tab that future generations will have to pay. Because that’s what they have been doing for 30 years now and it’s only mildly inconvenienced everyone so far (meaning the debt interest payments are so huge, they are starting to drown out everything else).
I’m going to make a bunch of suicide kits and pass them out in silicon valley.
initial concept: 3d printed single shot unrifled plug-in zip guns, and a mini bottle of the saddest booze I can think of. but that doesn’t feel silly or sad enough, and still requires expensive bullets. anybody got better ideas?
zip gun selfie stick with a qr code to upload photo/video for humanity to enjoy?
I need input here. what else might go in a suicide kit for tech vc idiots? what is the saddest booze? what kind of bullet is likely to injure but not immediately kill them, and be really funny?
A few CO2 canisters hooked in to those noise cancelling facemasks glazers use to vibe code.
oh shit that’s really good. or just a length if tube for use with a tail pipe if they fine an ICE car.
Nitrogen if you want to be actually humane about it. Of did you mean carbon monoxide?
No, it’s how pigs are killed in factory farms.
CO2 works too. There are set ups to keep food from spoiling, or medical bullshit, as oxygen does the damage in many cases. They feed co2 to force out all the oxygen, and if you dip your head in there, you can pass out, and even die.
Some caves too. Also an East African lake does these huge burps of CO2 sometimes that will kill people.
Oh man that lake is terrifying. Basically wiped out the whole village when they were sleeping.
How about a zip gun selfie stick that auto uploads a picture when you pull the suicide trigger? Also a long and winding instruction manual for ending it all, and a 20 point listicle about why you should.
okay I kind of love the listicle. we van make the qr code to an app triggered by the trigger, that takes a pic. free flash too.
but what kind of bullet, can we do this without expensive bullets, and what is the saddest booze? mouth wash?
WD40? And marbles are cheap, I’m sure you could 3D print the casing.
how to propel the marble?
Handgun rounds are almost absurdy cheap. Go with that plan! And for sad go with Mad Dog 20/20.
bless you comrade, for your alcohol advice!
and I was still hoping for cheaper, but I suppose the mad dog will still be the main expense.
If you want them to drink it, put mad dog into an old bottle with a worn french labeled bottle with a decades old date of manufacture.
Wine snobs are full of shit, blind taste tests show they don’t know what is what, and enjoy it more if they think it’s expensive. I don’t have that problem with my Ale, I can taste quality, but I’m not an asshole that spends 60k on a bottle of wine.
these are silicon valley tech bros and vc’s. they cannot tell the difference between mad dog, fireball, and a 20 year aged Bordeaux.
Direct video content to watchpeopledie.tv please
Fears? Hopes.
We wait and enjoy the show until we can finally buy ram and GPUs again at reasonable pricing…
We wait and enjoy the show until we can finally buy ram and GPUs again at reasonable pricing…
Narrator: Even after the crash, they never got to buy RAM and GPUs again at reasonable pricing.
And that’s entirely possible unfortunately.
Luckily Qwen 3.8 27b already works miracles on my hardware so upgrades are not really needed, except they fail.
I can’t imagine my company trying to put the toothpaste back in the tube. I get so many ai slop meeting invite agendas, people won’t know what to do if they can’t auto-generate a word salad for their Teams call.
I think this is kind of beautiful in a way, I have always hated the bullshitting culture that has lead directly into AI, it makes me feel hollow as fuck like when I spend to much time at a big box store.
Let them fumble around with their empty toothpaste tubes and let it all burn down…
Do you think the rest of the world is going to tolerate the artificial inefficiency and dogma of “US” business culture once the world dedollarizes?
No! I’ve asked Claude to remaster every movie with fart sound effects!
Burn baby burn!!! 😆😅
I think thus is very wishful thinking which reflects a society that overly focuses on the proposed importance of big do nothing companies.
Wow Amazon is down two percent and alphabet is down 12… And this is the end of AI?
I wish. But I don’t think so.
Probably foreshocks. They’ve got to keep it together for the big IPOs and to offload the hot potatoes to the little people.
While you’re right that it’s probably a little premature to celebrate, there was still about $1 trillion in market cap for the semiconductor industry wiped out today. So put the champagne on ice and have the party hats and uncorking sabers on standby cuz this is a pretty big portent of future events (also probably prudent to buckle up because this burst is gonna trigger a recession the size of Musk’s ego that’s going to ruin a fuckload of people’s lives. But hey at least the AI bros are suffering along with us, sorta.)
