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AI Is Starting to Look Like the Dot Com Bubble(futurism.com)

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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.

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WarmSoda@lemm.ee
-51 points

Most Americans didn’t even feel the effects of the 2008 collapse. Most recessions aren’t noticed by most of the country. These things are blown way out of proportion by news conglomerates that have a vested interest in it.

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5in1k@lemm.ee
29 points

Um no. So many of my friends unemployed. So many people were losing houses. It was nuts. Everyone noticed. The government even gave us “please don’t riot” money.

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WarmSoda@lemm.ee
-5 points

All your friends lost thier jobs and houses. Uh huh.

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5in1k@lemm.ee
1 point

The company I worked for went from 12 to 5 employees. I bought a house for 15k because so many people lost them and the prices collapsed. Did you live through it? Maybe you were just insulated or ignorant of what was happening.

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5in1k@lemm.ee
1 point

I even remember going to downtown Detroit to repair scratches on desks on entire floors of a empty of employees skyscraper right on Jefferson. Hipsters bought an empty skyscraper as well up in New Center. But yeah, no one affected.

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rambaroo@lemmy.world
11 points

You have got to be kidding me. I don’t know a single millennial who wasn’t affected badly by 2008.

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WarmSoda@lemm.ee
-4 points

Not a single one! Let me guess, you know one.

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rambaroo@lemmy.world
3 points

You’re either trolling or you live under a fucking rock.

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ZagTheRaccoon@reddthat.com
3 points

this has got to be trolling.

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Landrin201@lemmy.ml
2 points

Is this Elon musks account? Because for you to be so out of touch as to say the insane shit you just said you must be extraordinarily wealthy or a hermit living in the woods with nobody else around

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WarmSoda@lemm.ee
-2 points

You’re so cool

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QHC@lemmy.world
0 points

What are your thoughts on the Great Depression or either World Wars?

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WarmSoda@lemm.ee
1 point

Idk, probably not the same thoughts you had deciding to chime in to a 5 day old discussion.

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