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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108

I feel like the AI bubble has began bursting (sh.itjust.works)

submitted 1 week ago by someacnt@sh.itjust.works to c/fuck_ai@lemmy.world

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This is only a subjective feeling and I do not have substantiated reasoning behind it, but it does feel like the bubble began bursting.

More and more people admitting that it is a bubble, even among the insiders and financial institutions.

We also got some infographic that AI companies are propping each other up. Not really indicative of anything, but it adds to the feeling.

Also idk, the pattern on the stock market looks like the top is in. Ironically, I am relying in this signal the most. Just wanted to post that.

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[–] someacnt@sh.itjust.works 6 points 1 week ago

There is one difference between housing and stocks. When housing market crashes, you are still left with a house to live in. When stock crashes... well, nothing.