Comment on Wall Street’s AI Bubble Is Worse Than the 1999 Dot-com Bubble, Warns a Top Economist

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turtlesareneat@discuss.online ⁨1⁩ ⁨day⁩ ago

That’s exactly it, they’re making themselves “indispensable” at the consumer level to hold on for dear life.

But, on the other hand, you have companies like Klarna that are successfully using AI to replace, in one case, 700 humans or 3/4 of their tier 1 support staff. And every other company perks up at that. There is definitely a use case for AI, it’s still improving, and business will keep it going in some form (which will be great for the poor neighborhoods they put the data centers in).

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