this post was submitted on 10 Jul 2026
748 points (99.0% liked)
Technology
86249 readers
3776 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yes the railroad was a bubble. A ton of people lost money in that investment.
Amazon was a bubble, it lost 92% value when it popped.
Bubbles don't create wealth, i agree
The housing bubble lost people a ton of money that that investment, and people also lost their pensions when the Bible popped.
A bubble is when people start heavily investing in a product to the point it's a losing bet because that sector doesn't need the money, or can't produce the returns bubble investors are looking for. So when the AI bubble pops a lot of people will lose money, but the product will be here to stay because of the investment.
My point is that when a bubble pops the product is here forever, where most people think a Bible popping is the product is a failure and will disappear.