All the vampires walkin’ through the valley\
Move west down Ventura Blvd\
And all the bad boys are standing in the shadows\
All the good girls are home with broken hearts\
And I’m free, I’m free fallin’
All the vampires walkin’ through the valley\
Move west down Ventura Blvd\
And all the bad boys are standing in the shadows\
All the good girls are home with broken hearts\
And I’m free, I’m free fallin’
There is little evidence that a differentiating factor between an economic bubble and genuine economic growth surrounded by a halo of hype is the duration that the growth can sustain itself.
What determines whether a bubble pops or not is not logic but rather belief, there are numerous documented instances of bubbles that were loudly talked about and systematically ignored by those in power that sustained themselves for many years before everything came crashing down.
This isn’t magic, the bubbles in reality pop much earlier and usually multiple times once the numbers don’t add up, but the costs are obscured and offloaded to the environments around the bubble so that the entire collective pie diminshes but the relative power and perception of value in the bubble is retained right up until a more systematic collapse occurs.
No this is not the same article, there is a diverse variety of reporting on the financial scam that AI embodies multidimensionally.