Fuck AI

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"We did it, Patrick! We made a technological breakthrough!"

A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.

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When will AI bubble pop? (lemmy.ml)

submitted 2 weeks ago by foremanguy92_@lemmy.ml to c/fuck_ai@lemmy.world

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Since some times now the AI bubble is growing and its consequences with it, flash storage price increase, electricity went wild in some places, GPU... Don't need to say anything sadly... NVIDIA became the most valuable company exceeding 4T

So when all of this will go crazy and grow to the burst? When does prices will go down and speculators rushing out of it?

Open question feel free to explain the wider you can, I'm not a financial so I'm really interested in some analysis of the situation :)

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[–] brucethemoose@lemmy.world 35 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

As the old investment saying goes:

The market can remain irrational longer than you can remain solvent.

Be ready, but don't bet on when it busts.

...Also, I think this is more 'dotcom bubble,' where it burst hard, but the internet ultimately didn't go away.

[–] foremanguy92_@lemmy.ml 7 points 2 weeks ago

I don't think AI should completely melt away but to be more responsibly added to the global technology