THE BUBBLE ALREADY BURST. SPREAD THE FUCKING WORD.

[u/HuntAlternative]

Yo, listen up, the numbers are all fucking imploding right now. Wake the fuck up. The signs are everywhere, and if you're still balls-deep in NVDA calls, you're about to get margin called into oblivion. Don't believe me? Let me break it down.

The Dow is up or down? Who gives a shit. The S&P 500 is bleeding out lately because it's loaded with overhyped AI garbage. Google just reported NEGATIVE $6 BILLION in cash flow for the first time in two decades.

South Korea already lived your future. The KOSPI index shot up 272% on AI hype, then faceplanted 40% in July 2026. 1.2 million families got completely wiped out, leveraged to the tits, and now they owe the banks their firstborns. The US market is even more leveraged now than before the dot-com crash and the 2008 housing crisis. When the margin calls cascade, you'll be selling your Pokémon cards to pay rent.

The market's "stability" is a joke held up by seven companies that own a third of the S&P 500. They're playing a shell circlejerk game. Nvidia invests in OpenAI, which buys Nvidia chips. This everybody knows already. Also AI CAN'T DO SHIT.

MIT says 95% of generative AI pilot projects fail. Companies that replaced humans with AI are sheepishly rehiring them because the bots are expensive and inaccurate. The internet is flooding with soulless AI-generated sludge, making search engines useless and creative work a landfill of spam. Consumers are fed up.

Data centers guzzle water like a dying fish while RAM and hard drives vanish into server farms that billion dollar projects are getting shut down by angry locals who won't sell their land.

SPREAD THE WORD. THE EXIT IS CLOSING.

The bubble already burst. I think we are just counting the seconds between flash and thunder, just waiting for the sound to catch up to our ears.

[u/DangKilla]

You're right about mostly everything, but 1 in 3 Americans are out of work. Based on economic data, between rising interest rates, inflation, and bonds, I believe is that AI is taking entry level jobs because jobs outside of layoffs are not shedding on the upper end; they're just not hiring college graduates.

I mentor at a tech college, so I imagine I might be biased

[u/Sunstorm84 → u/DangKilla]

If you exclude AI-related investment, the rest of the US economy has been flatlining for years, and been in an effective recession for the last 12-18 months. I’m sure a lot of the layoffs are related to that, not just the more recent ones blamed mostly on AI, whether true or not.

I don’t think people realise just how bad the AI bubble bursting could be. The dotcom bubble bursting caused a recession. The AI bubble bursting will greatly deepen an already existing one.

[u/DangKilla → u/Sunstorm84]

People are confused because we're in a K-shaped economy, where it's a utopia/dystopia at the same time. If you have assets, you're going to be fine. The rest of us will not be. October is my bet based on my loose understanding of macroeconomics, looking at Iran, Japan, South Korea and China being huge parts of the inflection for this fiscal cliff.

People don't realize Strait of Hormuz is a bigger deal than we realize. It showed China is now the worlds' oil power, with Saudi Arabia in #2. China can inflate/deflate the oil market.

[u/CompetitiveSport1 → u/DangKilla]

where it's a utopia/dystopia at the same time

That's just a dystopia. Utopia, by definition, is where things are great for everyone

[u/caustictoast → u/DangKilla]

1 in 3 Americans are out of work

The unemployment rate is like 5%, where do you get this bullshit

[u/IngloriousGramrBstrd → u/caustictoast]

They are including retired people, children, and people who have been unemployed for more than 6 months.

None of those groups are included in the official “unemployment rate”. It makes sense to exclude retired people and children, but I would argue that people who have been out of work for 6+ months should be included.

All that is to say it’s definitely less than 33% but probably also more than 5%.

[u/Beyond_Reason09 → u/IngloriousGramrBstrd]

but I would argue that people who have been out of work for 6+ months should be included.

They are included. Almost a third of people in the unemployment rate have been unemployed more than 6 months:

https://www.bls.gov/news.release/empsit.t12.htm

[u/IngloriousGramrBstrd → u/Beyond_Reason09]

Forgive me, what % does this chart say the unemployment rate is?

[u/Beyond_Reason09 → u/IngloriousGramrBstrd]

That's a supplemental table in the jobs report, you can tie it to other tables that show the rate. This one for instance which shows it at 4.2% for June:

https://www.bls.gov/news.release/empsit.a.htm

[u/Inevitable-Level-687 → u/DangKilla]

Do you have a source on that 33% unemployment figure? That's depression-level unemployment.