this post was submitted on 13 Aug 2023
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It is all ridiculous how quickly these bubbles form - and then burst - these days.
Obviously AI has been around for a while, amd ChatGPT has been in development for years, but it really only hit the mass media literally less than a year ago. Late November, early December of 2022. And in well under a year there is already talk of the bubble bursting. The Dot Com bubble which many are referencing lasted for a much longer time. That bubble was inflating for years before it simply got so big it had to explode.