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Kevin Beaumont
@GossiTheDog@cyberplace.social  ·  activity timestamp 6 days ago

The upcoming AI bubble endangers the global financial system - the IMF. https://www.theguardian.com/business/2026/oct/13/ai-share-crash-risk-global-imf-debt-corrowing-cyber-attacks

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aspragg
@aspragg@ohai.social replied  ·  activity timestamp 4 days ago

@GossiTheDog ITT: People dancing

Me remembering: https://www.youtube.com/watch?v=0k5aVLi_yhM

Just don't fuckin' dance, OK?

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Brad Thornborrow
@bradthornborrow@thecanadian.social replied  ·  activity timestamp 5 days ago

@GossiTheDog @briankrebs Dare to dream!

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Bandersnatch
@Bandersnatch@mastodon.social replied  ·  activity timestamp 5 days ago

@GossiTheDog

Too late for all this crying now.

Take your fucking medicine, morons.

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Lyle Solla-Yates
@Lyle@cville.online replied  ·  activity timestamp 5 days ago

@GossiTheDog "these growing sources of leverage heighten the potential for forced selling and surges in equity volatility" 😬

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Sharpe!
@Rgsharpe@sfba.social replied  ·  activity timestamp 5 days ago

@GossiTheDog And when the market gets too volatile, investors freak out and rush into secure assets like US Treasury bonds.

But now that there are legitimate questions about the full faith and credit of the United States for some reason*, we're going to see a lot more casting about for the next safe asset.

These fools and their greed might have ended the dollar's reign as the universal reserve currency.

* jk, we all know why

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Mister Shade
@mister_shade02X2@mastodon.social replied  ·  activity timestamp 5 days ago

@GossiTheDog

Economic devastation and cyber attacks on infrastructure appear to be the two main threats #AI represents.

The billionaires won’t rein themselves in. We have to do it with laws, regulation, legislation.

#voteblue In the #midterms

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Renata 🇨🇦🐈
@renata@cosocial.ca replied  ·  activity timestamp 5 days ago

@GossiTheDog @briankrebs

Your browser does not support the video tag.
GIF
GIF
If He Dies He Dies Rocky Balboa GIF
If He Dies He Dies Rocky Balboa GIF
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Dunque Maynard-Keenan
@BOOKHOUSE@mas.to replied  ·  activity timestamp 5 days ago

@GossiTheDog
Don’t threaten me with a good time.

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Lord Caramac the Clueless, KSC
@LordCaramac@discordian.social replied  ·  activity timestamp 5 days ago

@GossiTheDog Good. I want the global financial system to crash and burn ASAP. People need to lose faith in Capitalism.

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modris
@modris@mastodon.ie replied  ·  activity timestamp 6 days ago

@GossiTheDog Is all of this to prepare us for bailing them out? Let them fall! Remember Iceland?

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Ali Mansouri
@alimansouri@mastodon.social replied  ·  activity timestamp 6 days ago

@GossiTheDog

"The AI boom has some irrational elements. No company is immune to the tech bubble." – Sundar Pichai, CEO of Google.
"An AI that could design novel biological pathogens. An AI that could hack into computer systems. I think these are all scary.” -- Sam Altman

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valterfcarvalho
@valterfcarvalho@mastodon.social replied  ·  activity timestamp 6 days ago

@GossiTheDog What stability?

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Johnno
@DjityDjity@mastodon.social replied  ·  activity timestamp 6 days ago

@GossiTheDog It is such a pity that there will be a whole lot of innocent collateral damage when the bubble bursts. The people putting their money into AI perhaps can afford to lose it - that is the risk capitalists take. But the rest who will lose because of the rest of the market losing its impetus is just a par tof the whole evil thing it is.

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S
@orbatos@mastodon.social replied  ·  activity timestamp 6 days ago

@GossiTheDog This is part of the reason they've rushed everything so hard. Once you can throw enough capital or debt around it's impossible to work around you. Even the global economy is too small when the ultrawealthy want to break everything.

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Patrick Davey
@psdavey@mastodon.social replied  ·  activity timestamp 6 days ago

@GossiTheDog oh no it doesn't (said in pantomime style)

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Emanuele Balla
@skull@masto.ai replied  ·  activity timestamp 6 days ago

@GossiTheDog not exactly news for anyone who's been paying attention, tbh...

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Michal Bryxí
@MichalBryxi@mastodon.world replied  ·  activity timestamp 6 days ago

@GossiTheDog *presses all 5 fingers against the other 5: Good goooood…

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