Fuck AI

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"We did it, Patrick! We made a technological breakthrough!"

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.

AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.

founded 2 years ago

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100

it's obvious we are very close to the bubble popping (topstartups.io)

submitted 1 day ago by joker54@lemmy.dbzer0.com to c/fuck_ai@lemmy.world

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When you see all the top start-ups are all "we do this, but AI", it's obvious we are in a bubble.

AI is buying billions on credit, backed by no equity.

I'm unemployed (thanks, AI), but I'm going to spend half of my savings on shorting the stock. go big, or file for bankruptcy.

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[–] Strider@lemmy.world 69 points 1 day ago (1 children)

While I'd wish you all the best in shorting those stocks I strongly advise against it. The market can stay irrational longer than you can stay solvent, as the saying goes.

[–] ltxrtquq@lemmy.ml 31 points 1 day ago (1 children)

We've all seen Tesla, we should all know by now the stock market doesn't reflect reality.

[–] GrindingGears@lemmy.ca 8 points 1 day ago

Oh it very much reflects reality. A reality that most retail investors have absolute shit for brains as a collective whole. There's lots of money to be made in markets like these, especially with lots of volatility. You just can't follow any sort of traditional logic, and you have to have a risk appetite as wide as the Grand Canyon.