I wonder if we’ll start seeing these tech investor pump n’ dump patterns faster collectively, given how many has happened in such a short amount of time already.
Crypto, Internet of Things, Self Driving Cars, NFTs, now AI.
It feels like the futurism sheen has started to waver. When everything’s a major revolution inserted into every product, then isn’t, it gets exhausting.
I think that the dot com bubble is the closest, honestly. There can be some kind of useful products (mostly dealing with how we interact with a system, not actually trying to use AI to magically solve a problem; it is shit at that), but the hype is way too large
It’s more of a macroeconomic issue. There’s too much investor money chasing too few good investments. Until our laws stop favoring the investor class, we’re going to keep getting more and more of these bubbles, regardless of what they are for
Yeah it’s just investment profit chasing from larger and larger bank accounts.
I’m waiting for one of these bubble pops to do lasting damage but with the amount of protections for specifically them and that money that can’t be afforded to be “lost” means it’s just everyone else that has to eat dirt.
I wonder if we’ll start seeing these tech investor pump n’ dump patterns faster collectively, given how many has happened in such a short amount of time already.
Crypto, Internet of Things, Self Driving Cars, NFTs, now AI.
It feels like the futurism sheen has started to waver. When everything’s a major revolution inserted into every product, then isn’t, it gets exhausting.
I think that the dot com bubble is the closest, honestly. There can be some kind of useful products (mostly dealing with how we interact with a system, not actually trying to use AI to magically solve a problem; it is shit at that), but the hype is way too large
don’t forget Big Data
It’s more of a macroeconomic issue. There’s too much investor money chasing too few good investments. Until our laws stop favoring the investor class, we’re going to keep getting more and more of these bubbles, regardless of what they are for
Yeah it’s just investment profit chasing from larger and larger bank accounts.
I’m waiting for one of these bubble pops to do lasting damage but with the amount of protections for specifically them and that money that can’t be afforded to be “lost” means it’s just everyone else that has to eat dirt.
TimeSquirrel made a good point about Internet of Things, but Crypto and Self Driving Cars are still booming too.
IMHO it’s a marketing problem. They’re major evolutions taking root over decades. I think AI will gradually become as useful as lasers.