cross-posted from: https://lemmy.world/post/44699253
This is clearly a sign that the product failed to draw in enough customers and its viability was overhyped.
Hopefully, it is the start of the AI bubble bursting.
cross-posted from: https://lemmy.world/post/44699253
This is clearly a sign that the product failed to draw in enough customers and its viability was overhyped.
Hopefully, it is the start of the AI bubble bursting.
Isn’t spending billions of dollars with nothing to show for it in the end the definition of a popping bubble?
No, it’s called the basic business model for tech companies since years. Sadly.
A bubble popping would be when people start asking for their ROI or sell.