Comment on 5 Signs the AI Bubble is About to Burst
FaceDeer@fedia.io 7 hours agoIt's what lots of people really want to have happen, so headlines that say it's going to happen are going to be extremely popular.
Comment on 5 Signs the AI Bubble is About to Burst
FaceDeer@fedia.io 7 hours agoIt's what lots of people really want to have happen, so headlines that say it's going to happen are going to be extremely popular.
very_well_lost@lemmy.world 5 hours ago
Man… I don’t know if want is the right word here. I want AI to go away, but I’m not sure I want the bubble to burst. I’ve heard estimates that something like 20% of all VC money went to AI in 2024. That’s a shitload of cash, and if the bubble bursts (which I believe it eventually will) and all that invested money vanishes, the economy is going to crater. Maybe a few rich assholes will be ruined in the aftermath, but the ensuing recession is going to hurt the people at the bottom the most… just like it always does.
It’s hard to look forward to that, even when you hate AI with a searing passion.