1. This is way too brief and lacks any actual evidence for its argument
2. It doesn't touch on the main argument of AI bubble forecasters: that AI costs a massive amount of money to develop and run but does not make nearly enough money to recoup that investment. And people don't seem to be interested enough in AI to actually pay for it, especially given that the actual price will be very high

Unlike the dot-com bubble era, where regular people invested in many shady companies that essentially robbed them, these AI investors know what they're doing. I'm not seeing any kind of deception here.

Lol. Lmao even

After spinning up some LLMs and image generating tools, I realized the hardware consumes a lot of electricity, and even 12GB VRAM sometimes wasn't enough. On top of that, these AI programs also use a lot of system RAM. Now imagine being a big company like OpenAI or Grok with millions of users. How much GPU power and electricity would it take to keep their service running? That's why these companies are seeking lots of investment.

Not a bubble because: it actually uses the amount of energy they claim? No one thinks they're lying about that.

these AI investors know what they're doing

LOOOOLOLOL. I think there are some initial investors who, in the beginning, legitimately thought it would be a good deal. At this point, the investments are driven by hype, and investors know they are, but they're gambling that they can ride it to the top without being caught holding the bag. That's why it will collapse violently. Because the moment it starts going down, everyone is going to dump it.

Of course, AI-generated content is polluting the internet like never before. But the problem is that you still like or share these AI slop, making them go viral.

Okay so we're now: changing the topic entirely, while blaming users for the poisoning of the information database that is the internet.

So it's a 2 paragraph blog post that doesn't even address it's own title.

@columbus the dot.com bubble bursted but some tech stayed. Imho it will be the same with AI ( even more precise different Machine Learning Stuff ). ML has been around before the hype and there will be ML after the hype. datacentremagazine.com/news/ib^^^ but this should make clear that the current way will most likely end in a big crash for capital IMHO.

Hard disagree, at some point investors are going to start asking these AI companies when they will be done burning cash and when the profits will start rolling in. Arguably OpenAI is already starting to see these concerns. If the US gets a new government at some stage there might be enough political will to draw a line in the sand with NVidia and tell them to stop manipulating markets. Finally there may be some pushback against datacenters literally killing the areas they are built in. What we are seeing is a fraud against the world originating from a group of hyper rich arseholes that may last a surprisingly long time, but eventually they will need to pay the piper.

I did have someone tell me this has all the hallmarks of the space race. We are going to see enormous amounts of efforts and resources thrown into AI only for these pioneers to realise there is no clear way to monetise at which point all that energy will be redirected, until then China keeps on egging the US on to make them increasingly commit more and more of their economy to a concept that is going to be a lead anchor on the country left holding the bag.

An economic bubble isn't when something is fake and ceases to exist when the bubble bursts.

We use the term when the market is inflated way beyond its value.

A bubble bursting is when people realize the market is inflated way beyond its value and pull out, leaving debt-ridden companies to their debt.

Some go bankrupt, stock prices fall, economy news outlets insist nobody could have predicted this, investments go elsewhere, people are laid off, and the people responsible fail upward to another grift.

when people start using the "don't question them; they know what they're doing" argument....I become even more suspicious. If they knew what they were doing the results would be apparent and spectacular to everyone; no one would question it...

the fact that trickery and forced adoption are required for the technology to succeed is very telling about the competence of the technology itself.

these companies know what they’re doing

AGI is right around the corner

Shouldn’t be surprised that anime profile pic couldn’t believe they’re being lied to on the internet.

You see rage-bait and get angry; then you see a cute cat video and forget about it. This is how social media's AI controls your thoughts and emotions, and nobody has ever truly rebelled against this digital drug. So I think AI slops are here to stay.

Oh, so it’s here to stay like a terminal disease, well that got bleak