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Very cool and healthy for the CEO of a company investing massive amounts into a given technology to casually refer to it as a "bubble" at the same time. I guess
by viccis 11mo ago
Very cool and healthy for the CEO of a company investing massive amounts into a given technology to casually refer to it as a "bubble" at the same time. I guess he softens the statement a bit by calling it "an AI bubble" instead of the "the AI bubble", but it's still interesting to see everyone involved in this economic mess start to acknowledge it.
- TulliusCicero 11mo agoUnironically agreed that it's good for a CEO to remain relatively level headed and clear eyed. The comparison made to the dotcom bubble is apt. It was a bubble, but that didn't mean that all the internet and e-commerce ideas were wrong, it was more a matter of investing too much too early. When the AI bubble pops or deflates, progress on AI models will continue on.
- viccis 11mo agoYeah but imagine being one of the dotcom CEOs, knowing it was gonna pop, and being like "hey guys this is a bubble, also, we're pivoting to it as much as possible". The smart ones cashed out like Mark Cuban did.