It was so over hyped from the beginning though. The broligarchs insisted as long as we fed it all of our data, and threw unlimited money at it, there was no way it wouldn’t be a success. That’s literally all America has been doing for nearly a year. They’ve forced it into every government department possible, even places where it clearly didn’t belong. They’ve thrown billions at it, they allowed fucking 19 year old DOGE fuckwads to access hoards of sensitive data on every U.S. citizen, and watched as they stole every cent they could get their hands on. After all of that, how much has AI in the U.S. actually improved since January 19th, 2025?
Comment on The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops
Gorilladrums@lemmy.world 3 days ago
Although I do think that there’s a big AI bubble, the reality is that Pandora’s box has already been opened, and it’s not closing back up. The technology is here to stay and it will continue to be integrated into everyday life bubble or no bubble.
AcidiclyBasicGlitch@sh.itjust.works 3 days ago
Gorilladrums@lemmy.world 2 days ago
I don’t think there’s anything inherently wrong with the technology itself. It really is exciting stuff that has a lot of useful applications. The issue has always been that the growth and development is driven by greed rather than realizing potential. With no government accountability or regulation and with the populace ignorant and apathetic, a bubble was bound to be the outcome
AcidiclyBasicGlitch@sh.itjust.works 2 days ago
I agree, the potential for what AI could be is extraordinary.
The mess that the broligarchs/“technocratic elite” have created in the U.S. by insisting they be handed full control and be allowed to treat the entire country like their personal playground, has only proven exactly why oversight and regulations should exist and why monopolies shouldn’t.
ilinamorato@lemmy.world 3 days ago
Once the bubble pops, we can go back to letting AI do what it’s actually good at—pattern recognition, summarization, translation, natural language processing—and stop trying to shoehorn it into every single thing.
Gorilladrums@lemmy.world 2 days ago
I don’t see a future with big AI modrls like Meta AI, chatGPT, or Copilot going away those and others like them are used by people. But things like Meta’s new all AI app or things of that nature as well as the tens of thousands of the empty startup AI companies are what’s going to disappear. They’re products that nobody wants or uses, and they’re only there to inflate stock valuations. That’s where the bubble lies. The tech is here to stay, but only in cases where it’s actually used.
ilinamorato@lemmy.world 2 days ago
Well, the market will definitely contract. I would say at least one of the big AI players will go out of business or be acquired by a competitor over the next few years, and at least one of the big tech corps will sunset their AI model over that timescale as well. Nvidia stock is going to take a steep nosedive. I think the future for consumer AI is mostly in small, quick models; except for in research and data analysis, where just a few big players will be able to provide the services that most uses require.
They currently have enough money to keep going for a while if they play their cards right, but once investors realize that the endgame doesn’t have much to offer them, the money will stop flowing.