That’s true yeah, there is a lot less retail investment in those companies.
What is similar to the dot com bubble though is many “smaller” companies (i.e. not Google or Meta) are buying into AI as an investment into infrastructure for their company, just like was happening with useless websites during the dot com bubble.
The AI bubble is going to be like the dot com bubble I think, but with the world being so heavily financialized it might spiral into something like 2008 or worse…
WE WILL WIN! WE WON’T REST!
I doubt they’ll be that stupid, however, all bets are off with the MBA’s back behind the wheel…
Man I adored my Pebble back in the day, and I’ll never forgive FitBit for buying the company just to kill off competition. I kind of want to buy the new one, but with them being based in the US I’m a bit scared of getting a nasty surprise due to import taxes…
OK I didn’t know that, stupid move on his part then… What do you mean by likely illegally?
I’d go further, you should help with the development. Seems like some people would rather spend hours hounding a developer to implement their thing, rather than figuring out how to do it themselves…
Good teachers can make such a big difference, and it’s almost always in these kinds of unquantifiable, “I just encouraged the student in the way they needed” kinds of ways. This, as much as anything else, is why defunding the education system is so criminal. Stressed-out, underpaid and overworked teachers just won’t have the mental space to do these kinds of things.
Someone’s gotta create demand for stealing Palestinian homes. /s
Yeah or use one of those drill-taps they use to tap maple syrup.
I think you need to read some more history about fascism my friend. That “pure” capitalist you talk about has never existed.
On the other hand, capitalists were essential to Hitler’s rise to power, and the likes of IG Farben and Bayer profited greatly during the reign of the Nazi’s.
Now we see the same thing with the likes of Bezos, Zuckerberg and Musk installing Trump, and abusing their influence to completely deregulate the markets they are in (e.g. banning any regulation on AI by states).
Yeah but the choice is between socialism and fascism, and capitalists stand to lose a lot under socialism.
You’re right, it’s also about the capitalists who put them in power.
What devilry is this? Written word? Real cultures use oral history to store knowledge!
You know, when you put it like that, it kind of sounds like Scientology…
Capitalism baby
For now, he does have that yes, but his wealth is for a significant portion a house of cards built on the value of tesla stock. If the value of that stock falls far enough, lenders who gave him loans with tesla stock as collateral could margin call him, essentially asking for more collateral. That could make him the poorest person in the world quite quickly, i.e. billions in debt.
Even though I haven’t run anything Debian based as a daily driver in about a decade, I still recommend Debian based distro’s to beginners. With Ubuntu being so widespread it just makes sense, because whenever you search for “how do I install xyz on linux” it’s going to be a guide for Ubuntu 99% of the time, which should work on other Debian based distro’s most times.
I agree that it’s editorialized compared to the very neutral way the survey puts it. That said, I think you also have to take into account how AI has been marketed by the industry.
They have been claiming AGI is right around the corner pretty much since chatGPT first came to market. It’s often implied (e.g. you’ll be able to replace workers with this) or they are more vague on timeline (e.g. OpenAI saying they believe their research will eventually lead to AGI).
With that context I think it’s fair to editorialize to this being a dead-end, because even with billions of dollars being poured into this, they won’t be able to deliver AGI on the timeline they are promising.
Also it’s mostly security through obscurity. It is just difficult enough to dissuade most people, but not actually secure because that costs money.