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AI Is Starting to Look Like the Dot Com Bubble
(futurism.com)
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this post was submitted on 13 Aug 2023
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An apt analogy. Just like the web underlying technology is incredible and the hype is real, but it leads to endless fluff and stupid naive investments, many of which will lead nowhere. There were certainly be a lot of amazing advances using this tech in the coming decades, but for every one that is useful there will be 20 or 50 or 100 pieces of vaporware that is just trying to grab VC money.