@jackwilliambell@rustedneuron.com
Post #3767487
2026-06-16 20:13 UTC
#bubblewatch update:
> Consensus Grows That China Is Crushing the United States at AI. https://futurism.com/artificial-intelligence/consensus-china-crushing-usa-ai-survey
> Whether this shift in world opinion reflects growing revulsion at the American model or genuine admiration for China’s approach is hard to untangle. What’s clear is that if the US tech industry intends to keep doubling down on its extractive, worker-hostile strategy, it faces a serious legitimacy crisis far beyond what any single company can hope to solve.
#AI #bubble
Replies (1)
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@jackwilliambell@rustedneuron.com 2026-06-23 15:36
#bubblewatch update: I haven't done a market-based bubblewatch in a while, but today we are seeing a sharp drop in tech stock valuations over hyperscaler fundamentals instead of entirely unrelated Iran war news. > Wall St tumbles on tech selloff as concerns about hawkish Fed, #AI spending mount. https://www.reuters.com/business/nasdaq-futures-fall-2-tech-worries-fed-hike-bets-2026-06-23/ > "The AI trade became one of the most crowded trades in global markets. When everybody owns the same stocks, the exit door becomes very small very quickly."