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The parallels with the dotcom bubble are clear... Tech is magical. Tech becomes cheap/free. Stock holders panic. For some time it's been clear that there's an
by fintechie 2y ago
The parallels with the dotcom bubble are clear... Tech is magical. Tech becomes cheap/free. Stock holders panic.
For some time it's been clear that there's an AI bubble and this may be what finally pops it.
- baobabKoodaa 2y agoAccording to you there's a bubble in AI and this... legitimate AI research breakthrough... may be the thing that pops the bubble?
- Deegy 2y agoBubble's don't always imply fraudulent underlying tech. The dot com bubble was a real thing, and yet the internet has gone on to be one of humanities most valuable innovations.
- baobabKoodaa 2y agoI agree with that. It doesn't refute my point, though. Point being, I would expect something else to pop a bubble.
- impossiblefork 2y agoI don't think there has to be an AI bubble, but valuations overall have to come down to something in accordance with the interest rates and expected long-term profit rates.