Better yet, there is a lot of purchased hardware and resource that is sitting idle, counting down the debt bomb they all borrowed on. And it will be due soon. Crash is coming, it's only a matter of time
this post was submitted on 06 Nov 2026
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Fuck AI
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Ed Zitron must be salivating right now
This is GOOD news. We're letting air out of the bubble and, hopefully, healthily redistributing it across the economy into BUSINESSES THAT DO SOMETHING WITH VALUE.
Hopefully this bubble doesn’t kill those businesses.
Productive business will be cannibalized by government and their parasitic business allies soon, unless the democrats grow a spine, which isn't in the cards unless we change the game here, (I hate that phrase as used by business but it fits here.)
Oh no not the businesses
BUSINESSES THAT DO SOMETHING WITH VALUE
Those businesses specifically.
Would someone please think of specifically those businesses that do something of value
Well, they have my thoughts and prayers.
I guess any shred of care I have for a business stops at the IPO.
Not all businesses are evil companies trying to suck the life out of workers at the benefit of their personal yacht fund.
No not all. But after IPO you're a majority share from it at any point in time. That's a decision a company makes.
If you want my concern shift to an employee owned worker co-op model with a sustainable market strategy. Not always a prefect solution but at least growth doesn't inevitably become your sole driver.
Keep rolling rolling rolling rolling (downhill)
A Limp Bizkit reference? In this economy?
Well done, internet person.
Long overdue, the layoffs began a while ago. They'll blame the Democrats and the midterm, but this has been something coming for the past year.
Good. More, more!
Took some of my stock with it even though I don’t own AI stock
The healthy ones will recover. I imagine there will be a few 3% dips over the next months. I wasn't expecting it in a single day though, lol.