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The data strongly suggests that AI is dealing with a bad case of a bubble, and it's not that far out there to suggest that the bubble will pop next year. That's
by lolinder 2y ago
The data strongly suggests that AI is dealing with a bad case of a bubble, and it's not that far out there to suggest that the bubble will pop next year. That's not to say that some companies won't come out ahead—there were success stories that came out of the .com bubble too—but I'd give it no more then three years before the bubble bursts and the startup casualties stack up.
- OutOfHere 2y agoAfter 3+ years, the case for "AI startups" could then begin to weaken, but integration of AI in most startups should then remain central to their existence.
- rapsey 2y agoThe AI bubble as of now is nothing compared to the dotcom bubble. The only real reflection of it is in the nVidia stock price. We're not seeing IPOs of companies making no revenue and being valued in billions. It is all mag 7 capex going into nVidia. Private startups having high valuations is completely irrelevant. VCs getting wiped out is not relevant for the wider economy.
- lolinder 2y agoI'm not saying that the economy will collapse, I'm suggesting that it's entirely reasonable to guess that AI investments will collapse.