AI Is Starting to Look Like the Dot Com Bubble

stopthatgirl7@kbin.social to Technology@lemmy.world – 1059 points –
AI Is Starting to Look Like the Dot Com Bubble
futurism.com

As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.

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How much VC is really being invested at the moment? I know a variety of people at start ups and the money is very tight at the moment given the current interest rate environment.

Like 85% of the most recent YC class are "revolutionize x with AI" crap.

Yeah this author doesn't understand what a bubble actually is if they are saying there's an AI bubble without associated capital over-investment

I know that openai is burning $700,000 a day, and that all of that is VC money.