935
AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback. (futurism.com)
submitted 2 days ago by to c/technology@lemmy.world
369 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 5 points 1 day ago (6 children)

They were doing it before the net boom too. Roaring 20s, railway mania, Mississippi bubble, south sea bubble, and on and on.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 6 child comments
    •
  • [–] 4 points 1 day ago* (5 children)

    I'm think just Tech here, or maybe more specifically digital technology - the period till 2000 was mainly driven by techies, after than it was mainly driven by grifters, generally with backgrounds like Finance or Marketing, not Technology.

    Many people seem to still have the idea that Techies lead Tech Startups, but that hasn't been true for at least 2 decades.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 5 child comments
    •
  • [–] 5 points 1 day ago (4 children)

    I'm just saying it didn't start with tech, it started with capitalism

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 4 child comments
    •
  • [–] 3 points 1 day ago (2 children)

    i blame sea peoples all the way back! these guys are assholes!

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •