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AI Is Starting to Look Like the Dot Com Bubble (futurism.com)

submitted 1 year ago by stopthatgirl7@kbin.social to c/technology@lemmy.world

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As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.

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[-] qaz@lemmy.world 14 points 1 year ago* (last edited 1 year ago)

NFTs yes but crypto is absolutely not a bubble. People are saying that for decades now and it hasn’t been truth. Yes there are shitcoins, just like shitstocks. But in general, it’s definitely not a bubble but an alternative investing method beside stocks, gold etc.

What is the underlying mechanism that increases its value, like company earnings are to stocks? Otherwise, it's just a reverse funnel scheme.

this post was submitted on 13 Aug 2023

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