Comment on Microsoft CEO Admits That AI Is Generating Basically No Value
orca@orcas.enjoying.yachts 3 weeks agoYep! This is the first time the investment has been so catastrophic though. The amount of money they’re throwing at this absolutely dwarfs every past innovation spike.
Not really. I’d argue the dot com bust was worse due to the quantity of websites that died because they didn’t actually have a business model.
What we’re seeing is a tech industry where all the tech is on the right side of the S curve and trying one last stab at a technology that may be on the left side.
You’re right, the dot com bust was far worse. That feels like forever ago these days.
Jarmer@beehaw.org 3 weeks ago
What about all the vr garbage? The drooling baby zuckerberg has thrown away over $50 billion right? And that’s just ONE company! And nobody wants that shit LOL
orca@orcas.enjoying.yachts 3 weeks ago
The VR hype was such a poor investment. It’s a tech that has never taken off in any way that’s large enough for the profits they demand I think the only place it’s gotten marginal interest in, is the gaming PC crowd, and even then, it’s still very niche. It feels like the further things progress, the more detached from reality the “innovations” become.