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The AI hype seems like a last ditch effort to pool investment into the one area of tech with possible hypergrowth. Very desperate and different from the boom in
by Apocryphon 2y ago
The AI hype seems like a last ditch effort to pool investment into the one area of tech with possible hypergrowth. Very desperate and different from the boom in on-demand startups that both preceded and hyper-charged during the pandemic. Not to mention all of the other types of startups that were big prior to a couple years ago (the gig economy was only one segment of many).
No idea what's going on with GME or AMC, but I'm sure there's some sort of r/WSB-specific in-universe reason for it. This article was also written quite early in the pandemic. It's best to look at other examples besides meme stocks. And hey, Tesla is finally cooling down.