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> To say whether it's a bubble, we need to know the value of the technology. Not really. I mean, not only. The value of the web is immense. And yet, the dot-co
by kergonath 11mo ago
> To say whether it's a bubble, we need to know the value of the technology.
Not really. I mean, not only. The value of the web is immense. And yet, the dot-com bubble was indeed a bubble. What matters is the value in the short term compared to the value of the companies in the current context. Even if AI is huge 20 years from now, it can still crash dramatically tomorrow.
- tim333 11mo agoI was going to say that. Also the bubble can be in some areas but not in others. I think the proposed data center build out is a bubble as in not economically justified presently, but I think money spent on AI research is reasonable.