@reflex@retrogaming.social How do you compare size? Equity-market decline: dot.com -78%, 2007/8: -50%US household net-worth effect: dot.com -6%, 2007/8: -28%Wealth destruction: dot.com several trillion dollars, concentrated in equities, 2007/8 >$15 trillion national wealth 2007/8 hit the financial system, dot.com hit equity. Order of magnitude is roughly the same. What worries me with AI is not the amount of money but the circular financing. This will make any crisis systemic.