• Random Dent@lemmy.ml
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    3 days ago

    My ideal scenario:

    • The AI bubble lasts a little bit longer, they put data centers in space.

    • The bubble pops immediately after this, all the companies go broke and nobody maintains the satellites.

    • Free PC components rain from the skies, I sit out on the roof surrounded by buckets catching RAM and SSDs.

    • They’re a bit scorched but I’ll take what I can get.

    • Pollo_Jack@lemmy.world
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      3 days ago
      • Data centers in space
      • Overheat as there is no way to disperse heat in a vacuum
      • AI companies go broke
      • Can’t maintain the useless space centers
      • They crash and collide starting Kessler Syndrome
      • We don’t know who struck first, us or them, but we know that it was us that scorched the sky
      • shortwavesurfer@lemmy.zip
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        3 days ago

        Overheat as there is no way to disperse heat in a vacuum

        This is incorrect. You cannot do convection heat removal in a vacuum because there’s no air. However, you can still do radiant heat dispersal.

        So you dump your heat into something that has a lot of surface area with which to radiate it away from your components.

        Space is either very hot or very cold, depending on whether you are in light or shadow. If one side is constantly exposed to light, then there must be radiators on the other side to radiate that heat back off into the cold.

      • luciferofastora@feddit.org
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        3 days ago

        We don’t know who struck first, us or them, but we know that it was us that scorched the sky

        That sounds familiar, like a quote from some movie or game. What’s it from?

  • Yerbouti@sh.itjust.works
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    3 days ago

    Please please may all of this implodes and all tech giants go broke because people realize whe don’t need them, we already have the fediverse and open-source softwares so can build a fair digital economy and get rid of the GAFAM and their friends.

    • krisevol@lemmus.org
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      3 days ago

      That’s not how bubbles popping works. If the bubble pops, AI is here forever. It’s a bubble because there are more investors than there can be profit takers. The pop, is those investors losing money. But a TON of people that invested early, or make the product, become incredibly wealthy, and the companies that survive because household names for the next generation.

    • LewdLemon@sh.itjust.works
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      4 days ago

      They did beat America in the race towards oppressive authoritarianism, but under Trump, the U.S. has caught up a great deal. So much winning!

        • boonhet@sopuli.xyz
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          3 days ago

          So the latter two are fairly easily explainable by racism and homophobia and are actually easier to avoid if you don’t have a democracy. China’s done well, they not had a real refugee crisis lately and don’t have too many black people to hate (they DO still be hella racist over there, somehow Africans were even at fault for COVID according to some Chinese officials).

          There was a huge social media outcry about refugees in much of Europe about a decade ago that the conservatives kept milking for a long, long time. Then they’ll claim black men are rapists and take the one example that keeps doing it again every time he gets out of jail as if that’s representative of every African. Then the outcry about LGBT people trying to groom your kids and whtaever. This is all for conservatives to get votes. They get almost half a country thinking that the damn librul communist (yes, they consider those to be the same thing, I’m not even going to get into that) government is out to erase straight white people… In a country with 10 black people and 5 muslims (okay, I’m exaggerating, but there REALLY aren’t a lot of them here, whereas the conservatives will tell you that they’re completely taking over and they’re all getting billions from the government in aid and whatnot)

          If the people don’t actually have a choice (like in China, where there’s literally only one party allowed), there’s no need for manufactured outrage about foreigners. Which is great because then there’s less hate, but it also means you literally don’t get to choose the political ideals of the people who govern you. If you have a bad faith opposition party to worry about, they will make up shit to get into power.

          TL;DR: Completely subdue your people politically so there’s no competition, then there’s no manufactured outrage, then people won’t think literally all their tax money is going to a single refugee center that in reality holds 10 families.

            • lad@programming.dev
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              3 days ago

              Liking the government doesn’t imply having a democracy, though. And also thinking that you have a democratic country doesn’t mean that you do live in one

              It’s not that China bad, it’s more that China is good at creating great conditions for a majority of their citizens, but this doesn’t imply that it’s heaven on earth, still

            • boonhet@sopuli.xyz
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              3 days ago

              I have no doubt that people would like the government in my country a lot more if it wasn’t for the conservative opposition working to drive hate against anything progressive that the government is actually achieving from time to time. Being gay was never illegal, but the law was antiquated and said that marriage is between a man and a woman. Literally just changing that so that two people of the same gender getting married would be possible, was an absolute media shitstorm. I wonder how it would go in China if they tried legalizing gay marriage now - there’s simply no opposition party to campaign off it.

              That’s why I say that it’s easier to have better satisfaction ratings when people have 0 choice. There’s just no reason to sow division in the first place.

                • PoliteDudeInTheMood@lemmy.ca
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                  4 days ago

                  There’s a difference between propaganda and selectively presented facts.

                  The first graphic is misleading because it compares US war spending with Chinese infrastructure spending while ignoring American infrastructure investment and Chinese military spending. It’s a false comparison.

                  The second graph is from the legitimate Democracy Perception Index 2024. The numbers aren’t fabricated, but they measure how democratic people think their country is, not how democratic it actually is.

      • FrogCat@piefed.social
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        4 days ago

        Oppressive authoritarianism? But tankies told me that China is a place of unbridled liberty. A land of milk and honey. Unlike the evil West which is always horrible and terrible.

        • CosmoNova@lemmy.world
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          4 days ago

          People who have never experienced democracy and have only been fed lies by their authoritarian government think their country is democratic and equal. Shocker.

            • redballooon@lemmy.world
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              4 days ago

              To some extent… But in the USA until recently people never had reason to fear speaking out against their government.

              • SpookyBogMonster@lemmy.ml
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                4 days ago

                To some extent… But in the USA until recently people never had reason to fear speaking out against their government.

                Which people? The FBI killed Black Panther organizer Fred Hampton in his bed, back in the 60s.

                The Red Scare was a decade before that.

                And the back in the 1930s, The Bonus Army, a movement of World War 1 veterans demanding payment for their service from the government, was violently crushed by the united States military.

          • belochka@lemmy.world
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            4 days ago

            There’s also been a certain “Soviet democracy”, the democracy perception of which in the polls would be sky high especially under dear Stalin and Voroshilov leading it with iron hand, and less when dissent stopped getting you executed.

          • Ferrous@lemmy.ml
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            4 days ago

            So then why did Russians in the same study claim abysmal democracy? Aren’t they afraid of the KGB?

            • ohulancutash@feddit.uk
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              4 days ago

              The Russian psyche is one of pessimistic resignation. Its also true that Russia has never experienced free democracy. There are many who believe the fall of the USSR was a terrible thing and they blame “democracy” for their current circumstances. This is part of why Putin gets away with authoritarianism.

              • NonconfrontationaI@lemmy.ml
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                4 days ago

                The American psyche must be fat as fuck and dripping with the blood of the innocent, if we’re generalizing.

              • Ferrous@lemmy.ml
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                4 days ago

                Non sequitur that has absolutely nothing to do with the validity of the graph.

        • CybranM@feddit.nu
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          4 days ago

          I’m sure you’ll get similar results if you ask people in North Korea.

          • nullspace@lemmy.world
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            4 days ago

            It’s really funny to me seeing someone using a chart showcasing oppressive authoritarianism a gotcha against an accusation of oppressive authoritarianism.

            • psycholocomotor_no2@lemmy.blahaj.zone
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              4 days ago

              Your belief that China is an authoritarian oppressive regime seems to be unfalsifiable. If approval ratings are high it’s because the people are being silenced and secretly hate their government. If approval is low it’s because they hate their government. If the approval ratings are real then they’ve been brainwashed by nationalism.

              Like everything indicates the approval ratings are real, there were studies conducted by Western universities that didn’t have stake in the matter and most Chinese citizens had a positive opinion of the PRC. There’s no way to fake this kind of stuff as well as you’re describing for decades.

              There are various reasons for why I can understand Chinese citizens like China. They’re entering the golden age of their economy right now and legitimately have competitive quality of life when compared to Americans. Their country is becoming a superpower and that could be a source of national pride for some Chinese citizens. I think those reasons can explain the results without adding in coercion.

              • nialv7@lemmy.world
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                4 days ago

                Your belief that China is an authoritarian oppressive regime is unfalsifiable.

                you are taking a logical leap here. it’s more accurate to say my belief that China is an authoritarian oppressive regime is not falsifiable by a public opinion poll. there are plenty other options that may falsify it.

            • NonconfrontationaI@lemmy.ml
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              You don’t think it has anything to do with the fact that China lifted 800,000,000 people out of poverty in 40 years?

              Or that over 90% of Chinese adults own their own home?

            • Trilogy3452@lemmy.world
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              3 days ago

              That disagreement with the government is not popular there.

              Edit: don’t know why I’m getting downvoted, I’m confident that that was the point, you’re shooting the messenger lol

        • LemmySuxNow@reddthat.com
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          4 days ago

          So people in a nation where disagreeing with leadership is punished all agree with leadership. Interesting…

        • mushroommunk@lemmy.today
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          4 days ago

          Using personal opinion of crowds is notoriously very bad and people are easily misguided. ALL this says is the Chinese BELIEVE they’re democratic and all equal. Not that they actually are.

          • friend_of_satan@lemmy.world
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            4 days ago

            You’re right, and I see that opinion poll as a indicator of the direction that America has been going: a place where many people think they are in a democracy, while actually living in a country that is more authoritarian than it was in the past.

          • adr1an@programming.dev
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            4 days ago

            Also, westerners like myself tend to complain about trump/etc without acknowledging the continuum of raising fascism. We should focus on the lies we have been fed, it’s not easy, nor late ;)

        • P03 Locke@lemmy.dbzer0.com
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          4 days ago

          Chinese who don’t say these opinions are labeled a dissonant and oppressed by their government. Just like how elections are completely staged in dictatorships.

          This graph is completely useless.

        • redballooon@lemmy.world
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          4 days ago

          Perception is a tricky business.

          But you are not posting this to talk about the perception, instead to suggest that there somehow is democracy in a state where only one party is allowed to exist.

        • ThirdConsul@lemmy.zip
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          3 days ago

          I mean… Can Chinese people vote out the current party and pick something else?

          Yes? No? No. How the fuck is it a democracy then.

          • FlyingCircus@lemmy.world
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            3 days ago

            Given the exponentially oversized influence that rich capitalists have on politics everywhere that is not socialist, it is evidently more democratic to not allow them to participate in politics at all.

            You know, governance of the people, by the people, and all that.

          • Ferrous@lemmy.ml
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            3 days ago

            So then you’d concede Ukraine is not democratic since they can’t vote out Zelenskyy, right?

            The point here being - democracy isn’t just “the presence of multiple political parties”.

        • LewdLemon@sh.itjust.works
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          4 days ago

          These are great proof of China’s superiority! Until you see the Chinese questionnaires:

          Choose an option:
          [ ] My government serves the people
          [ ] I want my social credit score to take a nosedive. No more bank loans, government permits, study or career opportunities for me, please!

          • kossa@feddit.org
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            4 days ago

            Check up on the social credit score

            There have been widespread misconceptions in media reports about a unified social credit “score” based on individuals’ behavior, leading to punishments if the score is too low or rewards if the score is high.

            • redballooon@lemmy.world
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              The social credit system is a broad governance strategy to track businesses, individuals, and government institutions and enhance their perceived trustworthiness rather than a single system

              Awesome, just a broad strategy, not yet a single unified system. There’s still a chance to escape specific punishments.

                • redballooon@lemmy.world
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                  Dude what’s the point of a system that enforces behavior when there’s no punishment?

  • nialv7@lemmy.world
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    4 days ago

    some context, first of all, the -40% collapse only brought the STAR50 index back to its March 2026 levels.

    and the Chinese stock market is heavily moderated by the government which is very different from the US market. if the stock rallies too quickly, the government generally speaking will try to slow it down. Sometimes through explicit policies 1, sometimes through a kind of “scare tactic” 2. Conversely, when the stock drops too sharply, the government also intervenes to prop it up 3. Honestly I feel more countries should do the same.

    The Chinese stock market is also much smaller relative to its GDP (101.5%) compared to the US (227%) 4. All this is to say, if you look at China and think, “huh, their AI bubble burst and they still seem to be fine?”, think again. If and when the AI bubble bursts for the US, it’s going to be much much worse.

    • Nalivai@lemmy.world
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      4 days ago

      I’m beginning to suspect never. The industry (read nvidia) got taste for selling stuff in bulk to those who don’t care about price and/or quality. They don’t want to return to the world where regular people (ew) were their primary source of income. They will find new scam to use their cards on.

    • FlyingCircus@lemmy.world
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      3 days ago

      Never. Western capitalists will make Chinese hardware illegal before they allow cheaper goods to undercut their profits. It’s exactly what they’re doing in the auto industry, why should tech be different?

      • Fizz@lemmy.nz
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        3 days ago

        The only country that might do that is the us. There are many western capitalists happy to buy from a competitive global market.

    • boonhet@sopuli.xyz
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      3 days ago

      Probably not any time soon? China’s buying 5090s in bulk to literally remove the chips and transplant them onto server form factor boards for AI.

      The stocks crashed because there’s so much competition now and nobody can expect to take the whole market. Deepseek, Qwen, GLM, Kimi are ALL way cheaper than the US counterparts and quite comparable. It’s not exciting anymore. When Deepseek R1 came out, everyone thought that Deepseek was going to completely take everything over. Now pretty much everyone is getting close to Claude in performance.

    • krisevol@lemmus.org
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      Won’t happen anytime soon. Even if AI bubble popped today, the companies that remain make AI a household name will still be scooping up chips for decades.

    • Log in | Sign up@lemmy.world
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      4 days ago

      That’s… that’s not how this works. That’s not how any of this works.

      Mild discounts, yes. Cheap again? No.

    • Bluewing@lemmy.world
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      4 days ago

      Oh you sweet summer child. Do you actually think the price of GPUs are going to come down?!?

      • 0x0@infosec.pub
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        4 days ago

        You can buy a 16gb v100 in a pcie card for under 400usd or just the gpu for 220usd, unfortunately the price jumps 3x minimum if you want a 32gb version

        • mojofrododojo@lemmy.world
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          You can buy a 16gb v100

          no thanks, I’d prefer a GPU that can actually process graphics AND DISPLAY THEM…

          • TBi@lemmy.world
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            Do these support Optimus to redirect the video output? Could be an option if it’s cheap enough.

            • mojofrododojo@lemmy.world
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              3 days ago

              nah, I don’t want to eat the leftovers of nvidia’s AI slop machine, I want a gpu that’s for graphics the WAY GOD INTENDED

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            I guess you could buy a bc250 or a gameboy if thats important for you, but i doubt theyll show up as a result of chinas datacenter failing so youll just have to wait even more then

            • mojofrododojo@lemmy.world
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              I’d prefer a gpu meant to drive displays because my friends aren’t LLMs and all this absurd garbage has made it impossible to buy 5090s without a mortgage.

              I’d wager the people asking for cheap GPUs above want them for the same.

  • Etterra@discuss.online
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    4 days ago

    Shh, you’ll ruin the tech CEO’s self delusions. They need that AI to forget about their past boondoggles. Like the metaverse and NFTs.

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    5 days ago

    Interesting. I think this is the first time I’ve seen the word “bubble” explicitly acknowledged as a reality and not a question in a headline of a major news outlet.

    So I searched for '“bubble” in the past month from Reuters, and found several headlines raising the concern, but none actually using the word “bubble”, with the exception of one investors meeting in Singapore.

    It seems that editors don’t want to scare/anger Western investors with the truth, but the Asia news desk under no such burden.

  • MasutaHarada@thelemmy.club
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    4 days ago

    Not even people there want to support this cray-cray ai trend no more, they just ahead of the curve huh.

  • [object Object]@lemmy.ca
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    4 days ago

    China tech stocks are back to March this year, and AI stocks are still almost half their stock index.

  • Fallibilist@feddit.uk
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    4 days ago

    Seems to have more to do with China than AI per-se considering that TSMC, Samsung and SK Hynix are unaffected.