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This kind of stuff makes me wonder, are investors really this dumb? Surely they must be able to see something strange is going on when every company ever is sud
by unleaded 3y ago
This kind of stuff makes me wonder, are investors really this dumb? Surely they must be able to see something strange is going on when every company ever is suddenly shoving AI into everything, because this has happened many times before but with different things. Maybe they try to keep up the hype because they benefit from it?
- yndoendo 3y agoI would say that a lot of investors are not the brightest. They just as receptacle to emotion manipulation and social engineering tactics as most people Theranos is a great example. Good number of rich jumped into the tech while those in the industry knew a drop of blood does not contain the proper sample size for testing multiple markers. Dr. Varun Sivaram's book "Taming the Sun" even talks about Elon Musk's solar panel grifting tactics to seek and exploit investors. How is this any different than investors going for the world changing technology such as blockchains and NFTs? *Edit, fixed spelling.
- zaptrem 3y agoCan you elaborate on the solar panel part? I haven’t heard about that before.
- RicoElectrico 3y agoThey hope to sell it before everything crashes.