Fuck AI

4728 readers

1257 users here now

"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.

founded 2 years ago

MODERATORS

VerbFlow@lemmy.world

MrMcGasion@lemmy.world

TootSweet@lemmy.world

BigMikeInAustin@lemmy.world

cynar@lemmy.world

drmeanfeel@lemmy.world

pavnilschanda@lemmy.world

CriticalMedicine@lemmy.world

WonderfulWanderer@lemmy.world

Communist@lemmy.ml

eatCasserole@lemmy.world

SpaceNoodle@lemmy.world

NutWrench@lemmy.world

Soup@lemmy.cafe

iAvicenna@lemmy.world

Tinks@lemmy.world

wizblizz@lemmy.world

corus_kt@lemmy.world

TrickDacy@lemmy.world

andrew_bidlaw@sh.itjust.works

MeDuViNoX@sh.itjust.works

33550336@lemmy.world

Nougat@fedia.io

Lost_My_Mind@lemmy.world

Sterile_Technique@lemmy.world

Quill7513@slrpnk.net

glowing_hans@sopuli.xyz

e8d79@discuss.tchncs.de

ThefuzzyFurryComrade@pawb.social

When will AI bubble pop? (lemmy.ml)

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

52 comments fedilink hide all child comments

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 :)

you are viewing a single comment's thread
view the rest of the comments

[–] glimse@lemmy.world 3 points 2 weeks ago

I didn't necessarily think one will lead to the other, I just think they're two bubbles overdue for popping.

Boomers are dying, or at least liquidating their wealth. They want maximum profit from their homes but they're gonna have a really hard time selling with the rising prices and fewer buyers.

I stand to lose with my prediction. Most of my "wealth" is the value of my house...but it needs to happen. And I want it to happen before they die so they can feel some pain from the issues their hoarding has caused