posted in Technology
'Big Short' Investor Expects AI Bubble Burst 'Sooner Than Later'
gizmodo.com/big-short-investor-expects-ai-bubble-burst-sooner-than-later-2000818889
Replying to @return2ozma@lemmy.world
I had a boomer normie ask me how to use AI to develop his new “business” website telling me that he didn’t want to hire a developer if the developer would just use AI anyway.
This guy doesn’t know what a router is, and was asking me for help trying to understand what the AI was telling him, and it was the most basic shit.
When the normies are trying to invest in AI, they’re the last to invest and know to throw money at it. That was a big signal to me that the bubble is about to pop. Money is running out and the boomers are trying to get in on it.
Replying to @terranoid@lemmy.cafe
Maybe, maybe not. Bitcoin circa 2017 underwent a similar transformation and if you avoided that investment you would have missed a big opportunity. Time will tell but mass awareness isn’t the predictor.