this post was submitted on 13 Aug 2023
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AI Is Starting to Look Like the Dot Com Bubble (futurism.com)
submitted 1 year 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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[–] gammasfor@sh.itjust.works 7 points 1 year ago

Yeah I was going to say VC throwing money at the newest fad isn't anything new, in fact startups strive exploit the fuck out of it. No need to actually implement the fad tech, you just need to technobabble the magic words and a VC is like "here have 2 million dollars".

In our own company we half joked about calling a relatively simple decision flow in our back end an "AI system".