How could Nvidia's market cap really be $4.585T (#2) after gold (#1)?
It seems to be a huge bubble.
(btw, ₿ is not a bubble.)
Usury galore.
original source: Technocracy.news, "Duh! Even Tech Billionaires Know the AI Bubble Will Burst", Oct. 20, 2025
Of course it will. But AI is not about the economy, as in improving the quality of life due to increased productivity. It's about control of the population.
With every technological improvement, the quality of life should improve for everyone. Where 100 people used to have to go out into the fields and spend a week with sickle harvesting a wheat crop, you can send one person out in a tractor to knock out the same amount of work in an hour. There's some manpower that goes into building the machine, but then that's automated, and pretty soon you have a 100-fold increase in productivity and economic output. But do the common people benefit? No, international Jewry simply suck more money out of the economy while keeping the standard of living either worse or at best the same as before.
Just a simple example. Yesterday my son assembled a loft bed, so I insisted that he use my power screwdriver (lithium battery). He pooh-poohed it, but then when he saw that about 200 screws were involved, he was thanking me effusively. Instead of using a hex tool and turning each screw in by hand, where it might take 3-5 minutes to drive in a single screw, depending on the length, the power screwdriver could knock each one out in like 10 seconds, most of that being just lining it up in the right hole. HUGE increase in productivity, and we've used that thing for tons of stuff. And with factory automation, maybe a total of one man-hour went into constructing that thing, when you divide it up by number of units produced, etc. That's a massive increase in productivity.
Same thing with AI. If 95% of people's jobs could be taken over by AI, that would be a tremendous economy where everyone could do what they wanted, would not have to work ... other than a few who have to maintain the AI, and watch over the robot factories (which increasingly could be taken over by more robots, etc.) ... and people could have anything they wanted, and they could do whatever fulfilled them ... academics, hobbies, other pursuits, invention, writing, art, other forms of creativity.
And they are talking about Universal Basic Income ... except they'll probably give you just the minimum, and then, since you're now dependent upon them for your income, since there's no more independent economy, if you do not comply, take the latest jab, or you post something "Anti-Semitic" on X, well, no food for you. If, however, you post something about how 6,000,000 gased and burned in ovens is likely 50% too low a number, well, you might get double your allowance that week.