Comment on The air begins to leak out of the overinflated AI bubble

• sugar_in_your_tea@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

  You can do it easily with a balloon (add some tape then poke a hole). An economic bubble can work that way as well, basically demand slowly evaporates and the relevant companies steadily drop in value as they pivot to something else. I expect the housing bubble to work this way because new construction will eventually catch up, but building new buildings takes time.

  The question is, how much money (tape) are the big tech companies willing to throw at it? There’s a lot of ways AI could be modified into niche markets even if mass adoption doesn’t materialize.

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  • helenslunch@feddit.nl ⁨1⁩ ⁨week⁩ ago

    A bubble, not a balloon…

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    • sugar_in_your_tea@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

      You do realize an economic bubble is a metaphor, right? My point is that a bubble can either deflate rapidly (severe market correction, or a “burst”), or it can deflate slowly (a bear market in a certain sector). I’m guessing the industry will do what it can to have AI be the latter instead of the former.

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      • helenslunch@feddit.nl ⁨1⁩ ⁨week⁩ ago

        Yes, I do. It’s a metaphor that you don’t seem to understand.

        My point is that a bubble can either deflate rapidly (severe market correction, or a “burst”), or it can deflate slowly (a bear market in a certain sector).

        No, it cannot. It is only the former. The entire point of the metaphor is that its a rapid deflation. A bubble does not slowly leak, it pops.

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