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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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That's a point I'm making in a lot of conversations lately : IMHO the bubble didn't pop BECAUSE capital doesn't know where to go next. Despite reports from big banks that there is a LOT of investment for not a lot of actual returns, people are still waiting on where to put that money next. Until there is such a place, they believe it's still more beneficial to keep the bet on-going.