this post was submitted on 13 Aug 2023
1092 points (96.1% liked)

Technology

59579 readers
6183 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s
[email protected]
[email protected]
L4s
enu
1092
AI Is Starting to Look Like the Dot Com Bubble (futurism.com)
submitted 1 year 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.

you are viewing a single comment's thread
view the rest of the comments
[–] oogles 18 points 1 year ago

An apt analogy. Just like the web underlying technology is incredible and the hype is real, but it leads to endless fluff and stupid naive investments, many of which will lead nowhere. There were certainly be a lot of amazing advances using this tech in the coming decades, but for every one that is useful there will be 20 or 50 or 100 pieces of vaporware that is just trying to grab VC money.