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[-] frogbellyratbone_@hexbear.net 25 points 1 day ago

this isn't me fanboying LLM corporations. pop pop pop. this article is fucking stupid though.

On Tuesday, tech stocks suffered a shock sell-off after a report from Massachusetts Institute of Technology (MIT) researchers warned that the vast majority of AI investments were yielding “zero return” for businesses.

no they didn't. :// there was a small 1.5% "shock sell-off" (fucking lol) before rebounding. they're only down 0.5% over the past 5-days.

even softbank, who the article focuses on, is up 36.5% (god damn) over the past month. that's huge.

this week’s sell-off has yet to shift from a market correction to a market rout

omg stfuuuuuuuuuu. it's -10% for a correction we aren't even 0.5% of that.

[-] Carl@hexbear.net 35 points 1 day ago

come to think of it, "the market responded to an MIT study suggesting that the technology is worthless" is far too coherent for the stock market. The crash/bubble pop will come because a black cat crossed someone's path or a meteor is seen in the sky over the Bay Area.

[-] Formerlyfarman@hexbear.net 13 points 1 day ago

It's always those "Comet sighted" events.

[-] Florn@hexbear.net 12 points 1 day ago

I wish I lived in more enlightened times.

this post was submitted on 22 Aug 2025
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