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 1 year 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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[–] WarmSoda@lemm.ee -5 points 1 year ago (2 children)

All your friends lost thier jobs and houses. Uh huh.

[–] 5in1k@lemm.ee 1 points 1 year ago

I even remember going to downtown Detroit to repair scratches on desks on entire floors of a empty of employees skyscraper right on Jefferson. Hipsters bought an empty skyscraper as well up in New Center. But yeah, no one affected.

[–] 5in1k@lemm.ee 1 points 1 year ago (1 children)

The company I worked for went from 12 to 5 employees. I bought a house for 15k because so many people lost them and the prices collapsed. Did you live through it? Maybe you were just insulated or ignorant of what was happening.

[–] WarmSoda@lemm.ee 0 points 1 year ago* (last edited 1 year ago)

I already said it didn't affect me or any of my friends or any of my family, or anyone else I know.