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AI Is Starting to Look Like the Dot Com Bubble (futurism.com)

submitted 2 years ago by stopthatgirl7@kbin.social to c/technology@lemmy.world

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As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.

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[–] jeanma@lemmy.ninja 10 points 2 years ago (1 children)

Of course. Sure, AI image generated stuff are impressive but no way those companies could cover the operational, R&D cost if VC were not injecting shit load of fake money.]

[–] pexavc@lemmy.world 3 points 2 years ago

Yeah early this year, I was crunching the numbers on even a simple client to interface with LLM APIs. It never made sense, the monthly cost I would have to charge vs others using it to at least feel financially safe, never felt like a viable business model or real value add. That's not even including Generative Art, which would definitely be much more. So, don't even know how any of these companies charging <$10/mo are profitable.