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RedWizard [he/him, comrade/them]@hexbear.net to technology@hexbear.netEnglish · 3 months ago

Wall Street’s AI Bubble Is Worse Than the 1999 Dot-com Bubble, Warns a Top Economist

gizmodo.com

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Wall Street’s AI Bubble Is Worse Than the 1999 Dot-com Bubble, Warns a Top Economist

gizmodo.com

RedWizard [he/him, comrade/them]@hexbear.net to technology@hexbear.netEnglish · 3 months ago
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A chief economist at investment giant Apollo says the top ten AI stocks are more detached from reality than the tech titans of the 1990s were. His chart is a stark warning that history is about to repeat itself.
  • corgiwithalaptop [any, love/loves]@hexbear.net
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    3 months ago

    I should sell an AI program to a company where it’s just me with like 5 laptops typing bullshit at people. Even a one year contract would net me hundreds of thousands and then boom, i disappear when they lawyers start calling.

    • RedWizard [he/him, comrade/them]@hexbear.netOP
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      3 months ago

      Sorry, India already beat you to it.

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