this post was submitted on 12 Jul 2024
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Technology

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[–] todd_bonzalez@lemm.ee 14 points 3 months ago (1 children)

Not really comparable.

AI has lots of potential for the future, and Goldman Sachs continues to invest in that sector.

They are specifically talking about the bubble of Generative AI startups, none of which have any long term viability as they either produce a novelty, or they produce something so inaccurate that nobody would trust it after using it.

They aren't the people saying that the Internet won't catch on. They're the ones warning you that dot com is a bubble.

They're right.