← Back to context Comment by captain_coffee 4 hours ago So ... will the crash be bigger that the one causing The Great Depression or smaller? Any bets? 5 comments captain_coffee Reply zvqcMMV6Zcr 3 hours ago Not even close. The 2008 financial crisis is better comparison. And even then I think most negative effect will come from investors pulling money away from everything non-AI, than OpenAI/Anthropic/Oracle crashing and burning. CodingJeebus 3 hours ago The Great Depression saw 25% unemployment and a third of farmers losing their land. Millions could die if it gets that bad today. lifetimerubyist 3 hours ago This sounds good to the "earth is overpopulated" crowd. rvz 3 hours ago Before 2030, especially if the frontier AI labs begin to IPO before then. mhitza 3 hours ago I'm really eager to see how Anthropic's IPO this year (if it even happens) will pan out.
zvqcMMV6Zcr 3 hours ago Not even close. The 2008 financial crisis is better comparison. And even then I think most negative effect will come from investors pulling money away from everything non-AI, than OpenAI/Anthropic/Oracle crashing and burning.
CodingJeebus 3 hours ago The Great Depression saw 25% unemployment and a third of farmers losing their land. Millions could die if it gets that bad today. lifetimerubyist 3 hours ago This sounds good to the "earth is overpopulated" crowd.
rvz 3 hours ago Before 2030, especially if the frontier AI labs begin to IPO before then. mhitza 3 hours ago I'm really eager to see how Anthropic's IPO this year (if it even happens) will pan out.
mhitza 3 hours ago I'm really eager to see how Anthropic's IPO this year (if it even happens) will pan out.
Not even close. The 2008 financial crisis is better comparison. And even then I think most negative effect will come from investors pulling money away from everything non-AI, than OpenAI/Anthropic/Oracle crashing and burning.
The Great Depression saw 25% unemployment and a third of farmers losing their land. Millions could die if it gets that bad today.
This sounds good to the "earth is overpopulated" crowd.
Before 2030, especially if the frontier AI labs begin to IPO before then.
I'm really eager to see how Anthropic's IPO this year (if it even happens) will pan out.