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Back to Timeline !technology @wewbull
In reply to 1 earlier post
@Xerxos@lemmy.ml on lemmy.ml Open parent
There are two bubbles. One is the bubble made by every company under the sun trying to shove AI into their product without any sense of why or how. And wallstreet is buying it up. Then there is the second bubble. That is the big AI players trying to get AI ready to replace large parts of the workforce. It’s still unclear if that is possible with our current techniques or if we need a scientific breakthrough that might be years or decades away. Still, the tech companies spend money as if that is just around the corner. Who knowes if these bubbles burst at the same time?
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wewbull in !technology
@wewbull@feddit.uk · Dec 17
I think that’s a good observation. Part of the problem is that all the while the stock prices stay up, those companies in the second bubble have the spending power of governments, and that in-turn inflates the first bubble.
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