I'm ok with that. When the.major AI players implode under debt, it will create a massive proliferation of folks who go on to start new businesses unencumbered by the debt and bad decisions by the current leaders.
The collapse of the massive overvaluation and circular investments will be the undoing of several major tech investors and companies that have a serious contribution to the things in tech we don't like. It will be bad for the economy, but it will also weaken the abhorrent control that those companies have over regulation in the United States.
It's gonna be a rough time, but it's pretty clearly necessary.
The only big problem is that if that collapse happens under the current administration in the US, they will be utterly incompetent to respond to a real domestic crisis, since they have been virtually unable to do anything without creating more problems.
The collapse of the massive overvaluation and circular investments will be the undoing of several major tech investors and companies that have a serious contribution to the things in tech we don't like. It will be bad for the economy, but it will also weaken the abhorrent control that those companies have over regulation in the United States.
It's gonna be a rough time, but it's pretty clearly necessary.
The only big problem is that if that collapse happens under the current administration in the US, they will be utterly incompetent to respond to a real domestic crisis, since they have been virtually unable to do anything without creating more problems.