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> are basically trying to will the next one into existence I think this hits the nail on the head. At least, it's the only explanation I've heard that makes an
by JohnFen 2y ago
> are basically trying to will the next one into existence
I think this hits the nail on the head. At least, it's the only explanation I've heard that makes any sense.
- saltcured 2y agoWhat is the venture capitalist rhyme for "fake it until you make it" but starts with "hype it..."?
- NoFunPedant 2y ago"Market the hype till the market is ripe"?
- Jensson 2y agoIt is "pump and dump", hyping is pumping.
- xk_id 2y agoVCs just need to make sure there is enough hype by the time AI startups IPO, so that they can cash out. It's part of a bigger trend in finance, arguably caused by quantitative easing. It's why Uber could IPO, while they had never made a profit; but because of the hype, their stock price did great on day 1.
- rsynnott 2y agoThere've been a _few_ of these over the last decade; _two_ attempts at blockchain stuff (an initial "use blockchains for everything" one, and a "use NFTs for everything" one a couple years after the first crashed and burned. And then of course there was 'metaverse'.