this post was submitted on 13 Aug 2023
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As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.

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[–] BradleyUffner 94 points 1 year ago (3 children)

Lots of everyday normal people lost their jobs due to the bubble. Saying it only impacted the already rich investors is wrong.

[–] [email protected] 3 points 1 year ago* (last edited 1 year ago)

There really isn't much that can harm rich people that won't indirectly do splash damage on other people, just because their actions control so much of the economy that people depend on for survival.