Fuck AI

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A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

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"So, you're saying a third of the stock market is tied up in seven AI companies that have no way to become profitable and that this is a bubble that's going to burst...?" (pluralistic.net)

submitted 6 days ago by sundray@lemmus.org to c/fuck_ai@lemmy.world

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CWs: Cory Doctorow, newsletter, mentions of his upcoming book that he's selling.

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[–] DreamlandLividity@lemmy.world 22 points 6 days ago (1 children)

I mean, their stock price will take a hit. But realistically, that is not necessarily bad for Nvidia as a company, as long as they are ready for the burst and don't over extend.

[–] brucethemoose@lemmy.world 23 points 6 days ago* (last edited 6 days ago)

Yeah, exactly.

Their stock will tank, but financially? They will be fine. They'll go back to a more sane baseline market with an absolute mountain of cash and disturbing market share to show for it.