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 10 months 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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[–] doomer@lemmy.world 36 points 10 months ago (6 children)

Hm. Maybe I'm missing something but I'm not seeing a million 'successful' AI startups pop up overnight like during the Dot Com Bubble. Most of the AI investments I've seen have been from major corporations that can pivot and eat a little loss. I do see several resume and business-plan writing services but it just doesn't seem like much of a parallel, to me.

The article doesn't address this disparity, it just pretends like it's an equivalency - citing only megacaps like GOOG, MSFT, etc. Clickbait headline, I guess.

[–] atticus88th@lemmy.world 23 points 10 months ago (2 children)

Im just seeing already failing companies grasp straws called AI and hope no one notices.

"Our AI designed eyeglasses." "This AI formulated workout routine." "And Techno Wizardry will calculate the value"

All tells me that these companies would be better ran by AI and the marketing department should be changing careers.

[–] pexavc@lemmy.world 10 points 10 months ago* (last edited 10 months ago)

TikTok and Reels with their influencers too. "If yOu ArE NoT uSiNg THesE 10 AI ToOls, yoUr ....". Granted though, some of them are actually educative. But, the ones with quick transitions, short don't seem very authentic.

[–] June@lemm.ee 4 points 10 months ago (1 children)

My washing machine is ‘AI powered’ in that it lists the modes in order of what I use most often. And somehow, even with that metric, it’s usually wrong.

[–] ZodiacSF1969@sh.itjust.works 3 points 10 months ago (1 children)

Lmao they call it AI powered for real?

[–] June@lemm.ee 7 points 10 months ago (1 children)

I got out of bed, disarmed my alarm, and went into my garage to get this pic for you: image

[–] ZodiacSF1969@sh.itjust.works 2 points 10 months ago

Holy shit that's crazy lmao

Thank you for taking the effort to show that, can't believe they've stuck that on there ha ha

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