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Are We in an AI Bubble?
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this post was submitted on 02 Jun 2024
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Remember how smartwatches were a big deal and now no one cares? That'll probably happen with ai. Hopefully in 10 or so years whatever losses corporations suffer when all the money they've invested goes to waste will help the common person somehow. Maybe gpus and computer parts will stop costing so much for example. Maybe their leadership will collapse, things will change and the tech industry will be a good place to work again.
Probably more like the Internet boom of the late 90s. It will crash but some very big parts will persist, perhaps one day overcoming even the expectations of the boom, but more gradually than investors imagined.