this post was submitted on 01 Aug 2024
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I think AI has mostly been about luring investors into pumping up share prices rather than offering something of genuine value to consumers.
Some people are gonna lose a lot of other people's money over it.
Yes, I'm getting some serious dot-com bubble vibes from the whole AI thing. But the dot-com boom produced Amazon, and every company is basically going all-in in the hope they are the new Amazon while in the end most will end up like pets.com but it's a risk they're willing to take.
OpenAI will fail. StabilityAI will fail. CivitAI will prevail, mark my words.