this post was submitted on 13 Aug 2023
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AI Is Starting to Look Like the Dot Com Bubble (futurism.com)
submitted 1 year ago by [email protected] to c/technology
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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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[–] [email protected] 6 points 1 year ago

NFTs in their mainstream form were the most cringe-worthy concept imaginable. A random artist makes a random ape which suddenly becomes a collectible, and all it happened to be was an S3 url on a particular blockchain? Which could be replicated on another chain? How did people think this was a smart thing to invest in?! Especially the Apes and rubbish?!