this post was submitted on 10 Jul 2024
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They’re a little late to the game. Let’s hope for their sake this AI bubble doesn’t burst for a bit so they can make their money back.
Don't forget that Nvidia's market valuation rose from around 80 BN to 3300 BN because of the AI hype. So 665Mln is peanuts compared to that.
It's not like it'll disappear entirely, just that clueless idiots will stop shoving it everywhere it doesn't belong.
Yeah but the idiots in this case are venture capitalists funding the whole damn thing
It won't burst, just deflate, and then gradually grow like the ready of the tech industry.
AI is getting more robust, not less. The current hype is crazy, that'll burst, but the good use cases don't vanish. The actual problem spaces where it excels (like astroturfing and manipulation public opinion, or intelligent search, Q & A, information management, knowledge work supplementation...etc) will still be there.