The AI bust will be an order of magnitude worse. The money involved is staggering. AI is almost all of America’s GPD and a monster chunk of stock valuation.
Yep, and like the dot-com bubble, businesses have tied themselves too closely with AI to the point it’ll be harder to backtrack and pull out than with the dot-com boom. At least word of mouth and having a website were easily separable from the business end. Having a website and integrating AI into your website and your business is a whole different story.
Isn’t this also how the dot-com bubble sort of happened?
Yes, and every bubble before, since, and hereafter.
Dibs on being early to the next tulip bull run
The next one will be one same. Humans don’t learn from mistakes.
The AI bust will be an order of magnitude worse. The money involved is staggering. AI is almost all of America’s GPD and a monster chunk of stock valuation.
Yep, and like the dot-com bubble, businesses have tied themselves too closely with AI to the point it’ll be harder to backtrack and pull out than with the dot-com boom. At least word of mouth and having a website were easily separable from the business end. Having a website and integrating AI into your website and your business is a whole different story.
This one has everyone’s retirement money tied into it.
All of these companies are not publicly traded. The “big ones” that build the data centers will lose a lot of value but will continue to exist.
The LLM companies deserve to & should go under.
Ah, let me introduce you to my friend “Sytemic Risk”