"So, you're saying a third of the stock market is tied up in seven AI companies that have no way to become profitable and that this is a bubble that's going to burst...?" - eviltoast

CWs: Cory Doctorow, newsletter, mentions of his upcoming book that he’s selling.

  • chonglibloodsport@lemmy.world
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    10 days ago

    Vibes is a pretty loose way of putting it. It’s about information and lack thereof. Like a poker game or a real time strategy game. You might have some idea what your opponents are doing but you don’t know exactly what it is, and you don’t know if it’s actually going to work or not. You also have plenty of cash (minerals, vespene gas) to spend on a possible defence that may not work out.

    • DragonTypeWyvern@midwest.social
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      10 days ago

      Or it will never work out because you tied 20% of your company’s value to vaporware and the bad vibes cause panic selling of your stock.