Comment on Everyday AI looks more like the '08 housing bubble

• TootSweet@lemmy.world ⁨1⁩ ⁨month⁩ ago

  AI is where former cryptocurrency companies pivoted when mining cryptocurrency stopped being profitable. There’s nothing left to pivot back to. Even those who have drunk the blockchain Koolaid don’t think there’s money in mining. Just gambling by investing with real money and hoping someone will give you more real money than you bought it with.

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• zbyte64@awful.systems ⁨1⁩ ⁨month⁩ ago

  Lol. I’m sure some new fangled NFT AI Slop wouldn’t be another bubble.

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  • jumping_redditor@sh.itjust.works ⁨1⁩ ⁨month⁩ ago

    bubbles are only bad if you don’t leave before they pop

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    • zbyte64@awful.systems ⁨1⁩ ⁨month⁩ ago

      I didn’t realize what is good or bad is reducible to what I alone experience and everyone else can fuck off.

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      • jumping_redditor@sh.itjust.works ⁨1⁩ ⁨month⁩ ago

        don’t invest in the bubble and it won’t hurt you, don’t expect speculative investors either

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