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The air begins to leak out of the overinflated AI bubble
(www.latimes.com)
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this post was submitted on 06 Sep 2024
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Is it really a grift when you are selling possible value to an investor who would make money from possible value?
As in, there is no lie, investors know it’s a gamble and are just looking for the gamble that everyone else bets on, not that it l would provide real value.
I would classify speculation as a form of grift. Someone gets left holding the bag.