this post was submitted on 06 Sep 2024
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The air begins to leak out of the overinflated AI bubble (www.latimes.com)
submitted 2 months ago by [email protected] to c/technology
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[–] [email protected] 1 points 2 months ago (1 children)

Is it really a grift when you are selling possible value to an investor who would make money from possible value?

As in, there is no lie, investors know it’s a gamble and are just looking for the gamble that everyone else bets on, not that it l would provide real value.

[–] Cryophilia 2 points 2 months ago

I would classify speculation as a form of grift. Someone gets left holding the bag.