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return2ozma@lemmy.world to News@lemmy.world · 6 hours ago

The AI bubble is 17 times the size of the dot-com frenzy — and four times the subprime bubble, analyst says

www.marketwatch.com

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The AI bubble is 17 times the size of the dot-com frenzy — and four times the subprime bubble, analyst says

www.marketwatch.com

return2ozma@lemmy.world to News@lemmy.world · 6 hours ago
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Paywall removed https://archive.is/mVUfw

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  • Assassassin@lemmy.dbzer0.com
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    6 hours ago

    And yet, the MBAs continue to pump money into it like AI doesn’t fail to provide any value in 80% of their shoehorned implementations.

    • pelespirit@sh.itjust.works
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      6 hours ago

      https://en.wikipedia.org/wiki/Sunk_cost

  • SpaceNoodle@lemmy.world
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    6 hours ago

    Next bubble gonna be 64× ?

    • Bullerfar@lemmy.world
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      6 hours ago

      Good one 😂

      • Zachariah@lemmy.world
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        6 hours ago

        quite an upgrade from the 32 bits

  • Corelli_III@midwest.social
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    5 hours ago

    it’s going to be pretty cool when the USD is annihilated by this

    they really boned themselves by concentrating all of it among themselves and basing its value off of fake proof of work factories

  • Philote@lemmy.ml
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    6 hours ago

    Bubble scientists need to adjust for inflation.

  • xxce2AAb@feddit.dk
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    6 hours ago

    This is insanity.

  • Buffalox@lemmy.world
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    5 hours ago

    Winner takes it all, we need to pump MORE money into it.
    /s

  • Xaphanos@lemmy.world
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    6 hours ago

    The dotcom bubble produced Google and Amazon.

    • Rhaedas@fedia.io
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      6 hours ago

      I guess, if you count surviving it and having less competition. What did 2008 produce? Besides a stock reset for the rich.

      • Nobody@anarchist.nexus
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        5 hours ago

        The “too big to fail” banks used their bailout money to buy small and medium-sized banks that were struggling, increasing the market share of the already colossal banks that caused the disaster in the first place.

      • bigfondue@lemmy.world
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        6 hours ago

        They received hundreds of billions of dollars in bailout funds. That really taught them a lesson!

    • FartMaster69@lemmy.dbzer0.com
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      5 hours ago

      Also Beanz.

  • Someonelol@lemmy.dbzer0.com
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    5 hours ago

    I’m patiently waiting for the bubble to burst and buy shares from the few surviving companies at a steep discount. It’s cool to hate AI as it is now but there’s more promise to it than what it’s currently being used for to the annoyance of everyday people.

    • the_q@lemmy.zip
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      4 hours ago

      This is your brain on capitalism…

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