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[-] EnsignWashout@startrek.website 4 points 1 week ago* (last edited 1 week ago)

The web didn't go away when the web hype bubble burst. But it changed a great deal, and a bunch of suckers got to be very broke.

This bubble is much bigger, and will hurt much worse when it goes.

Meta just took a 11% stock price drop for saying "we still think AI is a good idea". This bubble is right on the precipice.

Maybe it can stay irrational for a bit longer, but it doesn't look good at all.

this post was submitted on 03 Aug 2026
292 points (98.7% liked)

Fuck AI

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

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