Per Ed Zitron, CoreWeave may be the canary in the ai bubble coal mine.
this post was submitted on 19 Aug 2025
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My optimism: this will be the last tech bubble.
As long as there are investors with more money than brains there will be bubbles
A lot of those investors are going to be cleaned out with this bubble burst.
They were in 2001 and then again in 2008, and then a lot of then got cleared in a big crypto bust...
It doesn't seem to take too long for them to be back in the saddle. A key ingredient is they get to play with other people's retirement money, and when things get too scary and they might actually be bankrupt, the government floods them with money to keep them happy.
The bubble profiteers have children they leave their fortunes to. They, in-turn, want to hit it big. The grift continues.
Bet
So... Death of capitalism then?
Because I know you're not thinking people will learn the lesson.
They'll learn. The next bubble wouldn't be in tech. Maybe biotech.
I don't know. I've been through three or four tech bubbles already.
The thing is, there's no lesson for them to learn. They still walk away rich. A bunch of suckers lose their money, sure. But to them, that's the purpose of suckers.
Probably if they can manage to make that brain-computer interface.
Do you mean that; TechBros will be more responsible in the future? Or Society will collapse?
I mean that bubbles will happen somewhere else.
I was thinking of the Einstein quote about WW3 and WW4.
https://www.snopes.com/fact-check/einstein-world-war-iv-sticks-stones/