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this post was submitted on 31 Mar 2026
605 points (100.0% liked)
Fuck AI
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"We did it, Patrick! We made a technological breakthrough!"
A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.
AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
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The answer is surprisingly easy, the valuation comes from the price people are willing to pay for the stock.
People seem to believe the AI hype will increase value, or at least are willing to bet that it will, and thus are willing to pay more for it.