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re: The AI bubble has burst in China

Posted on 10/28/26 at 11:09 am to
Posted by el Gaucho
He/They
Member since Dec 2010
61306 posts
Posted on 10/28/26 at 11:09 am to
quote:

Retired urban salaried employees average roughly 3,326 yuan ($461) per month,

$461 in china is like $5000 a month here because they don’t have trumpflation and nobody is on welfare or food stamps
This post was edited on 10/28/26 at 11:11 am
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
73405 posts
Posted on 10/28/26 at 11:34 am to
Posted by michael corleone
baton rouge
Member since Jun 2005
6771 posts
Posted on 10/28/26 at 11:43 am to
China AI doesn’t make the revenue US focused companies do. Lack of security , vehicle integration , and internal demand aren’t there to support Chinese companies. To me , this is a sign that the consumer is choosing non Chinese based companies which is increasing demand here. This is exactly what revenue and usage cost rates reflect.
Posted by Defenseiskey
Houston, TX
Member since Nov 2010
2494 posts
Posted on 10/28/26 at 11:53 am to
quote:

AI stocks in US are up big today.



It is but it's down around 5% for the last 6 weeks. Im not a skyline falling down guy (our AI sector is doing better than everyone else), just saying the whole "stonks go up" thing is probably over.
Posted by Defenseiskey
Houston, TX
Member since Nov 2010
2494 posts
Posted on 10/28/26 at 11:56 am to
quote:

$461 in china is like $5000 a month here because they don’t have trumpflation and nobody is on welfare or food stamps


You're the greatest genius of our era.
Posted by NPComb
Member since Jan 2019
29315 posts
Posted on 10/28/26 at 11:57 am to
Slop is everywhere tho
Posted by Spankum
The Sip
Member since Jan 2007
63960 posts
Posted on 10/28/26 at 11:58 am to
quote:

The data centers aren’t for ai they’re for mass surveillance




Truth___I am surprised how accepting people are of that fact.
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