r/StandUpComedy • u/explosivejoseph • 6h ago

Comedian is OP The AI Bubble

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14.6k Upvotes

95% Upvoted

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359

u/edvurdsd 6h ago

Well said

57

u/PantsDontHaveAnswers 5h ago

I know some of these words.

80

u/Aconite13X 5h ago

"Well" means "good" and "said" means "spoken"

50

u/Don_Von_Schlong 5h ago

good spoken

24

u/Aconite13X 5h ago

You understand

3

u/domredditorX 4h ago

None of those words are in bible therefore I understand not

2

u/wouterJ 3h ago

And u/edvurdsd saideth to thee: thou have spoken to my satisfaction. Blessed be thine hearth and goats!

2

u/Don_Von_Schlong 3h ago

If you don't understand that it's kinda like;

"That was actually valid. I’m satisfied for real. May your house stay blessed and your goats stay absolutely bussin’"

1

u/9966 2h ago

I'm sorry my Aramaic is rusty but I think it's: Bah Whit da bäh da Bang da Bang deh di beh up juhmp da Boogie

1

u/PantsDontHaveAnswers 58m ago

Tis blasphemy.

3

u/HeyItsRatDad 4h ago

You lost me

0

u/doopsauce 5h ago

Wym by "means"

1

u/pikpikcarrotmon 4h ago

I'm not sure but I've heard the ends justify them

-5

u/niftystopwat 5h ago

They were probably talking about words from the clip, like venture capital, index funds, exit liquidity, etc

8

u/BringPheTheHorizon 5h ago

r/woooosh

1

u/niftystopwat 4h ago

omg I such a fool hahahaha weee

1

u/Warbr0s9395 5h ago

Is your name a play on the band “Bring me the Horizon”?

-1

u/PantsDontHaveAnswers 5h ago

Oooo he card read good.

7

u/AceOBlade 5h ago

basically regular people are investing in stocks that could fail, but right before they would fail people that are making decisions on these AI stocks will rug pull and get their money back while the regular people would have useless stocks that are worth nothing.

•

u/Olderandolderagain 3m ago

Close but one key point to add. When we invest in an index fund, we aren’t choosing the companies, the provider is.

It CAN be bad, but not necessarily. Something like the S&P isn’t a venture capitalist. They choose companies that are viable.

It is true that AI is a bubble in some aspects. There will be a ton of smaller companies that collapse. But a company like Microsoft isn’t going anywhere. They will pioneer industry regardless of trends.

1

u/Kojiro12 4h ago

Why bother playing the stock market if it’s rigged 😔

3

u/PeaceSoft 4h ago

You can't be asking yourself this for the first time, today. Well, actually, ignore that. You can

2

u/lemonylol 3h ago

Because what that guy is describing is called day trading or trying to beat the market. Any actual ETF fund in a the stock market you are planning to invest in for retirement will be long term safe bets and some bonds that will outlast any short term trend. If you're trying to "play" the stock market, it's not rigged, you're just gambling.

1

u/432ww432 2h ago

Ai is a massive portion of the spy. If it bursts, the market will fall off you day trade or not. Not everybody is looking at 40 year horizons

1

u/lemonylol 2h ago

And then recover after 7 years. I'm not planning to retire in that time.

1

u/420thefunnynumber 3h ago

Because the same people who will rug pull you also spent years rigging the financial system so that playing with stocks is the only real way to build wealth if don't already own property.

1

u/Sea-Painting7578 43m ago

Because its the only way middle/working class people have any hope of building a nest egg in order to retire and not be in poverty.

0

u/AceOBlade 4h ago

it always was.

-1

u/utzutzutzpro 4h ago

Nope, that is not what he talked about.

3

u/tamarins 2h ago

This guy is right, that is not what he talked about. Joey is talking about INDEX FUNDS (which btw is why he literally said "index funds" at 0:22), not people investing in AI stocks directly. People who aren't even interested in gambling on AI are caught up in it since they can't control whether or not OpenAI is or is not included in the S&P 500 or Vanguard's Growth Index Fund.

2

u/sand-which 3h ago

you should know all of these words as an adult with a job

1

u/Mimir_aka_Puck 2h ago

AI companies made it where the average person in the public can bet money on them basically saying "we think this company will work!", but they are only staying alive because of the hype-train that is "WOW! Isn't AI cool?!" without having any real ways to make a money.

Because they're hyped-up so much, everyone wants a piece of the pie and they've wormed their way into all sorts of places in our lives such as schools, grocery stores, day-to-day apps, TV, movies, and even the government.

Since they even got government contracts and they most likely paid politicians money to pass laws, bend rules for them, and even promised AI working great for them in all sorts of ways, the government now has an interest in making this AI thing work.

But they don't have a way to make money. People who put money intot his will start wondering where it is

They're using a loooooot of water and electricity to run their data centers which is making it far more expensive to get electricity and water.

They're taking up land. A lot of land. Like 798,373 football fields worth of land in the US.

Now, as all bubbles do, they will eventually pop. Because (roughly speaking) investors are also from other companies that make up our whole stock market (borrowing/moving money around, the leaders of these companies have set aside money as an "Oh, SHIT" fund for when things go sideways.

But the average American doesn't have a good "Oh SHIT" fund. At least, nowhere near as good as the people who run these AI companies. Especially not with food, gas, water, electricity, and everything else getting So. Damn. Expensive.

When (not "if", when) this bubble bursts; not only will the average investor lose out on all the money they put into this AI thing, the entire market will be shaken to its core.

Homes will be foreclosed, unemployment rates will skyrocket, food/gas/electricity will become more expensive.

Not only that; remember how other companies moved their funds around? The companies our 401k's and retirement funds invest in? Yup. Those will be completely ransacked.

Not only will the money be lost, but what little we have left will be worth less and the retirement accounts will be drained/rendered near-useless for a majority of the population.

The "bag" we're "holding" is the empy sack of money that was our retirement accounts/our homes/our belongings/the very value in everything we have, or could have had.