WalrusDragonOnABike 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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[–] WalrusDragonOnABike@reddthat.com 5 points 1 year ago

One third of the stock market's value suddenly dropping by 80% would definitely have wider reaching affects on other companies, leading to further issues.

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