Microsoft and Alphabet results show Wall Street only cares about AI

Lee Duna@lemmy.nz to Technology@lemmy.world – 299 points –
Microsoft and Alphabet results show Wall Street only cares about AI
marketwatch.com
70

You are viewing a single comment

They did the same thing with “blockchain”, “NFTs”, and other largely vaporware crypto junk last year.

They are just riding the hype wave hoping to cash out before the bottom falls out of it like always.

Do you honestly think AI is just a farce like NFT?

Not in total. But I also don't think it is the king maker these investors are making it out to be. Just like Crypto, it is a tool that can enhance and improve things when applied to the right things in the right ways. It is not some magic bullet that is the easy button that the investor snake that is currently eating its tail speculating over it would have everyone believe.