AI Is Starting to Look Like the Dot Com Bubble - eviltoast

As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.

  • oogles@lemmy.world
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    1 year ago

    An apt analogy. Just like the web underlying technology is incredible and the hype is real, but it leads to endless fluff and stupid naive investments, many of which will lead nowhere. There were certainly be a lot of amazing advances using this tech in the coming decades, but for every one that is useful there will be 20 or 50 or 100 pieces of vaporware that is just trying to grab VC money.