this post was submitted on 20 Oct 2025
80 points (100.0% liked)
askchapo
23230 readers
168 users here now
Ask Hexbear is the place to ask and answer ~~thought-provoking~~ questions.
Rules:
-
Posts must ask a question.
-
If the question asked is serious, answer seriously.
-
Questions where you want to learn more about socialism are allowed, but questions in bad faith are not.
-
Try !feedback@hexbear.net if you're having questions about regarding moderation, site policy, the site itself, development, volunteering or the mod team.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I know zero about finance other than being constantly crushed under the jackboot of capital so here’s my opinion: It will happen, won’t actually be too bad,l; it will just make it clear that we are I. A recession and this in turn will be used as another excuse for layoffs and worker control measures. Lots of startups won’t be able to raise another round of funding and the founders will move on to whatever the next fraud is. The companies who have been building those awful gpu centers will rent out capacity to mine crypto while spinning up another NFT type way to cheat people.
There will be massive consolidation, OpenAI and Anthropoic will get acquired by monopolies who keep it closed source, and the gvt will sign off on it because it no longer releasing models keeps the tech away from the Chinese.
The upside will be that they will stop shoehorning ai into the app for your smart basketball or whatever.