"So, you're saying a third of the stock market is tied up in seven AI companies that have no way to become profitable and that this is a bubble that's going to burst...?"

Sundray@lemmus.org · 3 months ago

"So, you're saying a third of the stock market is tied up in seven AI companies that have no way to become profitable and that this is a bubble that's going to burst...?"

dylanmorgan@slrpnk.net · 3 months ago

Probably quite a few, but don’t let the fact they’re bullshit jobs fool you into thinking they don’t matter. The middle manager making $100K a year is spending that money on food, clothing, and other items that are produced by people who don’t have bullshit jobs.

Almacca@aussie.zone · edit-2 2 months ago

You’re right. These bullshit jobs kinda need to exist as people need to eat, and that’s difficult without a steady income. We really do need to start talking seriously about a UBI.

[deleted]@piefed.world · 2 months ago

Good middle management keeps things running in the background for the people that don’t have bullshit jobs. With businesses overvaluing middle management and making it a career path to move up to, there are way too many middle management positions which is why most of them are bullshit.

"So, you're saying a third of the stock market is tied up in seven AI companies that have no way to become profitable and that this is a bubble that's going to burst...?"

"So, you're saying a third of the stock market is tied up in seven AI companies that have no way to become profitable and that this is a bubble that's going to burst...?"

Pluralistic: The real (economic) AI apocalypse is nigh (27 Sep 2025) – Pluralistic: Daily links from Cory Doctorow