Fuck AI

5998 readers

696 users here now

"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

MODERATORS

VerbFlow@lemmy.world

MrMcGasion@lemmy.world

TootSweet@lemmy.world

BigMikeInAustin@lemmy.world

cynar@lemmy.world

drmeanfeel@lemmy.world

pavnilschanda@lemmy.world

CriticalMedicine@lemmy.world

WonderfulWanderer@lemmy.world

Communist@lemmy.ml

eatCasserole@lemmy.world

SpaceNoodle@lemmy.world

NutWrench@lemmy.world

Soup@lemmy.cafe

iAvicenna@lemmy.world

Tinks@lemmy.world

wizblizz@lemmy.world

corus_kt@lemmy.world

Prandom_returns@lemm.ee

JimSamtanko@lemm.ee

TrickDacy@lemmy.world

TheFriar@lemm.ee

ArmokGoB@lemmy.dbzer0.com

HawlSera@lemm.ee

andrew_bidlaw@sh.itjust.works

MeDuViNoX@sh.itjust.works

33550336@lemmy.world

Nougat@fedia.io

Lost_My_Mind@lemmy.world

Sterile_Technique@lemmy.world

Quill7513@slrpnk.net

glowing_hans@sopuli.xyz

e8d79@discuss.tchncs.de

ThefuzzyFurryComrade@pawb.social

163

Goldman Sachs has launched an "S&P ex-AI" index that tracks the S&P 500 stocks not related to AI, offering investors a way to "hedge their exposure to the AI trade. (www.axios.com)

submitted 3 days ago by Kirk@startrek.website to c/fuck_ai@lemmy.world

17 comments fedilink hide all child comments

I know this isn't wallstreetbets but I can't help but wonder if this is a more secure investment than the usual S&P500.

you are viewing a single comment's thread
view the rest of the comments

[–] phil@lymme.dynv6.net 2 points 1 day ago* (last edited 1 day ago)

AI is perfect for fueling a financial boom: great narrative, incredible promises in short and long term, huge needs and potential, and high risk that it will go terribly wrong. Bankers love that and can create unlimited credit to fuel the fire. But since they constantly create new gambling products, one can also bet that it's not fueled enough and is about to crash. Total schizophrenia.