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submitted 2 years ago by [email protected] to c/[email protected]

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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[-] [email protected] 322 points 2 years ago

Just a reminder that the dot com bubble was a problem for investors, not the underlying technology that continued to change the entire world.

[-] [email protected] 196 points 2 years ago

That's true, but investors have a habit of making their problems everyone else's problems.

[-] [email protected] 5 points 2 years ago

Yeah. Note how we're having this conversation over the web. The bubble didn't hurt the tech.

This is something to worry about it you're an investor or if you're making big career decisions.

If you have a managed investment account, like a 401(k), it might be worth taking a closer look at it. There's no shortage of shysters in finance.

[-] [email protected] 1 points 2 years ago

In Canada, a good example is cannabis industry. Talk about fucking up opportunities.

Why would it be any different with tech?

It’s about the early cash-grab, imo.

this post was submitted on 13 Aug 2023
1079 points (96.1% liked)

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