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AI Is Starting to Look Like the Dot Com Bubble
(futurism.com)
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this post was submitted on 13 Aug 2023
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Whatever this iteration of "AI" will be, it has a limit that the VC bubble can't fulfill. That's kind of the point though because these VC firms, aided by low interest rates, can just fund whatever tech startup they think has a slight chance of becoming absorbed in to a tech giant. Most of the AI companies right now are going to fail, as long as they do it as cheaply as possible, the VC firms basically skim the shit that floats to the top.