brucethemoose comments on "So, you're saying a third of the stock market is tied up in seven AI companies that have no way to become profitable and that this is a bubble that's going to burst...?"

"So, you're saying a third of the stock market is tied up in seven AI companies that have no way to become profitable and that this is a bubble that's going to burst...?" (pluralistic.net)

submitted 1 year ago by sundray@lemmus.org to c/fuck_ai@lemmy.world

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CWs: Cory Doctorow, newsletter, mentions of his upcoming book that he's selling.

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[–] brucethemoose@lemmy.world 23 points 1 year ago*

Yeah, exactly.

Their stock will tank, but financially? They will be fine. They'll go back to a more sane baseline market with an absolute mountain of cash and disturbing market share to show for it.

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