Technology
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
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Rules:
1: All Lemmy rules apply
2: Do not post low effort posts
3: NEVER post naziped*gore stuff
4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.
5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)
6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist
7: crypto related posts, unless essential, are disallowed
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The market can stay irrational longer than you can stay solvent
Tesla has been clearly overvalued for years. Had you tried to make money off shorting the stock - despite correctly observing this stock has to collapse at some point - you would have lost your shirt.
Yeah, I wouldn't take trading advice from a group of people who are desperately hoping a for a certain technology to not exist.
Is AI overhyped and overused? Absolutely. Is its use doing to decrease? Most likely. Will it "collapse"? Don't bet on it. Or, well, do - I suppose. It's your money to lose.
As OP of this comment, I fully agree and strongly dissuade anyone from pursuing the ideas I am giving.
true, true