Probably not. Most bubble prophets are tech journalists and are therefor unlikely to participate in the market (they make enough money reporting on it).
Additionally I suspect a lot of day traders are them selves AI boosters and are unlikely to believe the AI bubble is real.
The context is different. We learned about the circular financing deals in Oct 2025: https://news.ycombinator.com/item?id=45473033 and since then most people have been speculating a bubble which has inflated a lot in the year since.
The AI bubble is the background context, but on top of that there is the immediate context Anthropic S1 where we learned what journalists had been speculating for a while that the AI industry is in fact not nearly as large to justify the valuations of AI companies. And finally we have the election where local governments in the USA were elected on the grounds to stop the AI datacenter buildout.
Now with that context in mind the current dip does not look like some random and normal fluctuations in the market.
What is also different, for me at least, is that many of us (including my self) are rooting for the AI bubble to burst. And seeing these signs makes us existed that it is finally (maybe) starting to happen.
Scale matters though, right? A few hundred million here and there is vastly different from a few hundred billion. If this means Anthropic won’t IPO, that’s a win I think. Let them exist for another decade, examine the financials and then go public. That way we aren’t being dumped something on irrational exuberance.
My answer, as always, is: Organize as workers against our capitalist exploiters, and overthrow this system of capitalism in favor of a system which rewards us workers for the wealth we create and not our capitalist exploiters who’s only contribution is rent seeking on the wealth we create.
Capitalist countries are the ones with the highest standards of living, and formerly communist countries like China gained immense wealth with pro-market reforms, so perhaps the reason people on HN may not support a revolution is that they're actually more informed on this inconvenient reality than you assume.
The market reforms got China’s GDP from 1000 CNY to 7000. The communist reforms got China’s literacy rate from 20% to 80%.
I know you capitalist love money more then anything, but the rest of use like to live healthy lives and enjoy things like good books and spending time with our friends and family.
> but the rest of use like to live healthy lives and enjoy things like good books and spending time with our friends and family
If you're in the U.S., what's stopping you from doing that? Some of my coworkers in tech retired to the country, raise their own chickens, goats, grow their own food and are all on solar. They seem to be loving their life.
What precisely are you accusing them of? As a gesture of good-faith, I'll put my subtext-cards down on the metaphorical table first: I believe the quippy-looking retort is actually a dud once we open it up and look inside.
For example, is it one of these?
1. "Being a regular here necessarily means you cannot actually have that opinion, so you are lying to us."
2. "You may believe that, but posting it here is not logical because nobody here will be receptive to it."
3. "You may believe that, but posting it here is an immoral offense against the management."
The only anger I am sensing in the replies, and the only anger I feel towards your post, is about the cliché debate tactic “posted on an iPhone ... gotcha”.
Everything on this board is controlled for the purpose of making billionaires richer. None of your three things are true. Here's 4: "the fact that you are posting about the revolution on Make Billionaires Richer Inc and not on Anarchist Graffiti Dot Onion is a sign that the billionaires have thoroughly won and the revolution will not happen"
The revolution won‘t happen on Hacker News, that is for sure. However, Hacker News is one of the biggest social platform of tech workers, and GGP might not like it, but when so many workers in a single industry come together, there will be solidarity, particularly against our bosses. And among workers in any industry there is always a radical (usually me) talking about the revolution.
They build cities around the car, they defund public transit, they close down rail lines, they build new housing a 5 km away from your closest grocery store, and 20 km away from any cafés and other cultural venues. Your job is located 50 km north of where you live, your partner’s job is 60 km in the other direction, and your child’s school is 10 km in the third direction.
They neglect to build sidewalks, and force you to walk 1-2 meters from cars racing at 70 km/h. With all the noise and high risk stressing you up to the level you just wanna scream.
stevenhuang: No one forces you to drive. You can still walk.
Don't tell me you dream of a maoist city where only bike is allowed and "car-brains" (as anti-automobile fanatics call us) are considered "enemies of the people" right?
do you think, perhaps, that it might be possible to cool the discussion? that there might be some meaning located between the picture painted by the person you're replying to and your own?
or do you sincerely think that the only options available to us are "all cars banned" or the alternative posted by the person above?
So drive then. You can also move. The point is there are options. Many cities have strong infrastructure and have embraced walk ability. If not driving is such a big deal to you, why not do something about it?
You're arguing like an edge lord here. What he is saying is that you're effectively forced to drive. Not so difficult to understand. There are plenty of people fighting for change but because our political and economic landscape is captured by big business, it's not so easy.
Not everybody in the world is effectively forced to drive. Sure, maybe if someone has the misfortune to be an US city they have no other option but there are other places that are not like that and cities with good public transport and relatively low car usage.
Yes but GP is describing basically the norm, while I'd argue the minority here lives in a public transport utopia like the Netherlands or Denmark. People generally have very few options outside car ownership, even in cities.
Perhaps I am just blind to consumer markets, but it is not self evident for me, at least. When I think of successful consumer products, I think of stuff like Coca Cola, the light bulb, the CD, acrylic paint. Are you saying that Claude is as successful consumer products as the Ford model T, and Nike sneakers? I am not buying it.
I think speed to market and revenue of the company are nonsensical measures of successful consumer products. Like did Theranos have a successful consumer product? How about Juul?
They were. Or rather they were all friends/family/the same people. Iceland is one of the most corrupt countries in Northern Europe. What happened is due to how small the economy is, the country simply could not afford to bail out the banks. The money required to do so simply did not exist, so they had exactly one option.
Note also that since then, all the nationalized banks are back on the public market with the state only holding plurality or even minority shares. Investment/retirement funds and private investors together hold bigger share then the state. These shares were more often then not released on a steep discount allowing investors (many of whom responsible for the 2008 crash) essentially free money from the state.
Icelander here. The banks were only temporarily nationalized, the plan was always to privatize them as soon as possible. Only a handful of bankers went to jail, their sentences were extremely light, and every single one of them returned to investing as soon as they were able (or even kept investing via family members while in prison). Today they are still the richest people in Iceland and own the majority of all assets.
I think the only reason Iceland nationalized the failed banks in the first place was because they had no other option, the economy is too small, and they simply could not afford to bail them out, the money literally did not exist.
Also, today’s Iceland is extremely troubled by austerity. Schools and healthcare is extremely underfunded. Teachers- and nurses strike almost every 2 years. The city of Reykjavík just started their biggest round of mass-layoff ever.
Everybody hates AI, even Republicans hate AI. Republican members of congress might not want to explain to their constituents why they are going to vote against an anti-bailout bill for AI, so some of them might opt to support such bill, fearing their constituents may vote them out of office.
The entire republican party is built on the image of Donald trump who loves AI so much that he tried to rename it to his liking. The reps who owe their power and grift to him may not like it personally but they have to support it which amounts to effectively the same thing as liking it.
It's unclear to me that Republican unity in Congress will continue to hold if there really is a giant blue wave. It certainly isn't holding out in the infosphere, pundits are peeling off from MAGA left and right. And obviously it isn't holding among the voters.
I think so too. The “I get elected if I am pro Trump” factor seems to have flipped in spots to where he is a negative. Seems obvious when a wannabe king dies there is a power struggle that can rip the party apart. That might be the only hope for America to salvage a decent future, if like 1/3 of republicans started thinking about what’s best for their constituents and voters instead of how to funnel the most money to their pockets. There will still be a lot of grifters trying to hold on to squeeze out a few dollars but maybe a couple of the party grow some principles.
Additionally I suspect a lot of day traders are them selves AI boosters and are unlikely to believe the AI bubble is real.
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