this post was submitted on 28 Mar 2026
763 points (99.7% liked)

Technology

83158 readers
4592 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots


founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] PerogiBoi@lemmy.ca 29 points 17 hours ago* (last edited 17 hours ago) (2 children)

It's mask off time for capitalism. Business to person sales are no longer lucrative. All the money is in company to company now. See AI companies buying out entire present and future stock of PC parts until 2030. Regular people are no longer needed in this form of society. That's why the market goes up while job numbers and employment go down. The economy can now support itself without anyone else.

[–] wewbull@feddit.uk 17 points 15 hours ago (1 children)

Except that it seems a lot of these trades are on-paper, and not involving the actual transfer of goods. The data centres aren't getting built. The servers aren't going in them. The power isn't being supplied. The tokens are not being generated. At least... It's only a fraction of what they are all saying.

Some auditor is going to have a field day.

[–] PerogiBoi@lemmy.ca 13 points 15 hours ago (2 children)

Yes but who actually cares? If society tolerates no actual real physical transfer of goods and leaves it all speculative, it doesn't matter. The deals are made, financial institutions accept this, realistically it doesn't matter that none of this is "real". If society decides that it's real, it's real. Just like how paper money has zero real tangible worth. It's all an agreed upon concept. The same is happening here.

The economy we had for the last handful of decades is gone. Speculative economy where only the top percentage trades with itself is where we are at and where we will stay.

[–] hitmyspot@aussie.zone 1 points 5 hours ago

What you're describing is not a structural change. What you're describing has happened before. You're describing a bubble.

I do think there is a structural change, similar to how there has been for the arrival of computers, the arrival of the internet, the arrival of covid and WFH etc. LLMs have changed how many people will work. However. They aren't able to replace workers.

The onlystructural concern I have currently is that the models and processing power become out of reach for all but giant corporations and data centres. As there are open models and much of the changes are happening across many companies and individual programmers, I don't see that happening. Perhaps the best models and training data will be out of reach but there are enough people vested in open source and proficient, that should things start to get out of reach and computing become less available, I'd expect that to change. Similar to how windows led to Linux which is now better.

[–] wewbull@feddit.uk 5 points 15 hours ago (2 children)

It can't be completely circular. There is an end customer that will expect something for their money eventually. Right now it's driven by huge amounts of debt, but you can't be on that forever. At some point it unwinds

[–] lb_o@lemmy.world 4 points 8 hours ago

It seems that end point is government bailing out banks using taxes, and people are paying more for the same due to inflation, while their salaries do not catch up with the cost of living.

This seemingly happens in US right now.

[–] captainlezbian@lemmy.world 3 points 12 hours ago

Yeah, all this is illegal not because it's an infinite money glitch, but because it acts like it is while destabilizing the economy

[–] talos@feddit.org 2 points 16 hours ago (2 children)

Well eventually someone has to consume something for all of this to make sense, no?

Also isn't this more the result of unhinged capitalism without any real workers pushback?

[–] PerogiBoi@lemmy.ca 4 points 15 hours ago (2 children)

Nope. This can keep going on. Big businesses with all the capital will continue doing trade exclusively with other big businesses and government. They don't need our money anymore. And it's not like we're really going to have any trivial amounts of money anyways.

[–] Restaldt@lemmy.world 4 points 14 hours ago

And what does that money represent anymore at that point?

Seems too many have forgotten that its the peasant's labor that gives money any value.

Money doesn't produce anything.

What's the value of a dollar if it can't buy you bread?

[–] ivanafterall@lemmy.world 4 points 15 hours ago

They don't need our money anymore because they've already taken so much of our money.

[–] Restaldt@lemmy.world 2 points 16 hours ago* (last edited 15 hours ago)

That sounds like some future Quarter's problem