#bullrun — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #bullrun, aggregated by home.social.
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#Bubble Trouble
"VC funds hv poured ~$200bil into #generativeAI. Making matters worse, e stock market’s #bullrun is deeply dependent on e growth of #BigTech cos fueling e #AI bubble. In 2023, 71% of tot gains in S&P500 were attributable to e #MagnificentSeven —Apple, Nvidia, Tesla, Alphabet, Meta, Amazon, & MS—all of which r among e biggest spenders on AI. Just 4—MS, Alphabet, Amazon & Meta—combined for $246bil of capital expenditure in 2024 to support e AI build-out" 1/2
https://prospect.org/power/2025-03-25-bubble-trouble-ai-threat/