3 ms·

Wow… you weren’t around for the dot bomb era?

• sensanaty 1y ago
  This is just dotcom 2.0, except now people are throwing Billions into every single idiotic idea out there. There's fucking toothbrushes with "AI" functionality now.
  • brookst 1y ago
    It was billions back then too. There were internet connected toothbrushes. Hundreds of millions of dollars went to completely idiotic startups. It’s just a good rush. It’s happened before, it will happen again. It’s not even irrational; trillions of dollars were made by the dot com era companies that did succeed. I have no doubt AI will be the same. But since nobody knows who will be successful and there’s tons of money sloshing around, a lot of / most of it is going to be wasted in totally predictable ways.