As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.

As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.

  • doomer@lemmy.worldEnglish
    361·
    1 year ago

    Hm. Maybe I’m missing something but I’m not seeing a million ‘successful’ AI startups pop up overnight like during the Dot Com Bubble. Most of the AI investments I’ve seen have been from major corporations that can pivot and eat a little loss. I do see several resume and business-plan writing services but it just doesn’t seem like much of a parallel, to me.

    The article doesn’t address this disparity, it just pretends like it’s an equivalency - citing only megacaps like GOOG, MSFT, etc. Clickbait headline, I guess.

    • atticus88th@lemmy.worldEnglish
      21·
      1 year ago

      Im just seeing already failing companies grasp straws called AI and hope no one notices.

      “Our AI designed eyeglasses.” “This AI formulated workout routine.” “And Techno Wizardry will calculate the value”

      All tells me that these companies would be better ran by AI and the marketing department should be changing careers.

      • pexavc@lemmy.worldEnglish
        11·
        1 year ago

        TikTok and Reels with their influencers too. “If yOu ArE NoT uSiNg THesE 10 AI ToOls, yoUr …”. Granted though, some of them are actually educative. But, the ones with quick transitions, short don’t seem very authentic.

      • June@lemm.eeEnglish
        4·
        1 year ago

        My washing machine is ‘AI powered’ in that it lists the modes in order of what I use most often. And somehow, even with that metric, it’s usually wrong.