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

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stopthatgirl7@kbin.social
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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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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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WarmSoda@lemm.ee
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I already said it didn’t affect me or any of my friends or any of my family, or anyone else I know.

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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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