• RememberTheApollo_@lemmy.world
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    7 hours ago

    They’ve been saying the “bubble is going to burst” for a while now. If they keep saying it eventually they might be right. Then everyone will jump up and down trying to claim they were the ones who rightly predicted it. A quick search by date shows plenty of articles discussing the AI bubble from 2025, 2024, and even a rare few from 2023. Three years of doomsayers waters it down to meaninglessnes even if they‘re eventually right.

    • Polisheocket@lemmy.zip
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      10 minutes ago

      I bought a house in 2016 from a couple moving to Texas saying the housing market was going to crash. I sold it for a 400k profit 5 years later. Everyone says it and they’ll be right when it happens but when you keep saying for many years, you will be right eventually

    • Snowclone@lemmy.world
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      57 minutes ago

      it has all the markers, unless the corporations drastically restructure their debt or the product suddenly finds an actual demonstrable use, then it’s going to continue being a bubble. all that requires for it to burst is a large swath of people vested in the bubble to get itchy enough to pull enough money out for the value to be questioned or need to be proved, and AI currently is wildly expensive incuring huge amounts of debt, which is being passed around in a very quick and difficult to account for manner, and has no proven value that can be demonstrated as of yet.