• kryptonianCodeMonkey@lemmy.world
    link
    fedilink
    arrow-up
    7
    ·
    edit-2
    2 hours ago

    Not quite the same. The tulip industry was making money hand over foot. It was the speculators that ended up being shafted. Tulip mania was more comparable to the beanie babies craze, or even NFTs. AI companies, on the whole, are making no profit at all.

      • kryptonianCodeMonkey@lemmy.world
        link
        fedilink
        arrow-up
        2
        ·
        edit-2
        28 minutes ago

        It would if all the the chip makers weren’t making chips on credit from a broke ass industry. Though they’ll likely get paid with a bailout including interest, so… they will probably still make out alright regardless