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AI Is Starting to Look Like the Dot Com Bubble (futurism.com)

submitted 2 years ago by [email protected] to c/technology

385 comments fedilink hide all child comments

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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[–] Snapz 39 points 2 years ago (97 children)

Did you mean the crypto/NFT bubble?

[+] higgsone -25 points 2 years ago* (last edited 2 years ago) (92 children)

NFTs yes but crypto is absolutely not a bubble. People are saying that for decades now and it hasn't been truth. Yes there are shitcoins, just like shitstocks. But in general, it's definitely not a bubble but an alternative investing method beside stocks, gold etc.

[–] qwertyWarlord 16 points 2 years ago (16 children)

Crypto is 100% a bubble. It's not an investment so much as a ponzi, sure you can dump money into it and maybe even make money, doesn't mean it doesn't collapse on a whim when someone else decides to dip out or the government shuts it down. Its value is exactly that of NFT's because it's basically identical, just a string of characters showing "ownership" of something intangible