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sanitation@lemmy.today to Technology@lemmy.worldEnglish · 1 month ago

All the money flooding into AI is a giant warning sign — When companies as a group turn into sellers, it’s a reasonable sign that stocks are very overpriced

www.wsj.com

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All the money flooding into AI is a giant warning sign — When companies as a group turn into sellers, it’s a reasonable sign that stocks are very overpriced

www.wsj.com

sanitation@lemmy.today to Technology@lemmy.worldEnglish · 1 month ago
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  • fodor@lemmy.zip
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    1 month ago

    Well no shit. It’s a gigantic bubble. Doesn’t take a genius to notice.

  • Anonymous_Leaker@lemmy.world
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    16 days ago

    deleted by creator

  • Miller@lemmy.world
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    1 month ago

    The money is flooding in from people who see vast automated workforces and robot armies to protect them. What they do not see is who will buy the output and that those armies will determine no ultimate difference between the owners they are protecting and the population they are protecting them from.

    • rayyy@piefed.social
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      30 days ago

      A lot of money is flooding in from working folk’s 401Ks. Guess who will get stuck when the bubble collapses.

  • Jaysyn@lemmy.world
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    29 days ago

    It’s even worse than that.

    https://www.wheresyoured.at/brokenomics/

    AI Labs have no way to profitability.

  • ikt@aussie.zone
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    1 month ago

    deleted by creator

  • moijjo@europe.pub
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    1 month ago

    It’s only going to accelerate as AI gets mote usefull.

    • Axxys@lemmy.world
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      29 days ago

      Is it funny that the only dude defending AI in the comments has multiple typos?

      • otp@sh.itjust.works
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        29 days ago

        It’s a bit ironic – they clearly didn’t use an LLM, or even something like Grammarly! Lol

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