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What will happen when the AI bubble bursts? (lemmy.world)
submitted 6 months ago by to c/asklemmy@lemmy.world
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[–] 2 points 6 months ago (1 child)

people giving millions to any company that had a website

Yup. There was hype and adding "web" to everything didn't automatically make it a Better Thing.

Similarly, the fact that some AI is hype or that some companies are using it stupidly doesn't change the fact that it is absolutely going to change our society and we won't want to go back to the time before we had the tech.

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  • [–] 2 points 6 months ago

    True just like we can't go back to the time before the internet. Some companies have a good business which happen to use Ai, they will likely be fine. Some companies only exist because they claim Ai and survive on vc money, they will likely die.

    There are uses of Ai. There are smart uses of Ai. There are incredibly stupid uses of Ai. There are some uses of Ai that are stupid now but will be industry standards in 30 years (think Netflix in late 90s) due to advancements in technology. If you know what companies will be which you could be a billionaire which is what people are betting on. But they are bets, no one really knows what will stick and what will burn...

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