Comment on Perplexity offers to buy Google Chrome for $34.5 billion

• fuckyoukeith@lemmy.world ⁨1⁩ ⁨day⁩ ago

  It’s bizarre to see how many people and companies don’t see a bubble, it seems so clear to me that yeah, machine learning will continue, but this current iteration isn’t something that people respond well to

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  • spankmonkey@lemmy.world ⁨1⁩ ⁨day⁩ ago

    C levels want to ride the bubble and have their golden parachutes ready for when it pops. Then they can use their ‘experience’ as an excuse to have their connections prop them up again to ride the next bubble!

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  • shalafi@lemmy.world ⁨1⁩ ⁨day⁩ ago

    These AI companies know damned well it’s a bubble, they’re not stupid, they just can’t risk missing out on being the next Microsoft or Google or FaceBook. It’s the highest stakes gamble I’ve ever seen and there’s so much money tied up that it will crash the US economy when it pops.

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  • Zos_Kia@lemmynsfw.com ⁨16⁩ ⁨hours⁩ ago

    Weird comment as this iteration has spawned the fastest growing products of all time. There’s no comparison possible with bubbles such as NFTs or the Metaverse.

    Financially it’s a bubble because those products are grossly unprofitable even by VC standards, but the consumer appeal definitely is there.

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