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.

  • @banneryear1868
    link
    English
    41 year ago

    Whatever this iteration of “AI” will be, it has a limit that the VC bubble can’t fulfill. That’s kind of the point though because these VC firms, aided by low interest rates, can just fund whatever tech startup they think has a slight chance of becoming absorbed in to a tech giant. Most of the AI companies right now are going to fail, as long as they do it as cheaply as possible, the VC firms basically skim the shit that floats to the top.