Megaman_EXE@beehaw.org 1 week ago
I’m surprised one of these companies hasn’t bid against the AI bubble yet. Like have they considered going against the grain when there’s obvious push back could actually increase profits?
Could you imagine a world where Microsoft went back to a windows 7 Era where shit just worked how it was supposed to and was super solid? I feel like people would appreciate and buy into a product that just works.
Maybe I’m completely off base here but in my mind having a product that… y’know…actually works and does what it says it does is valuable.
That is unless there’s just so much money being thrown at them to force AI into their products that they seemingly cannot refuse, which could very well be the case. But it just feels weird
Problem is that they’ve completely bent over to shareholders and shareholders are both A) non tech people and B) believe AI will print money for them.
A company with a backbone would say “No you know what, this is insane and it’s clear customers aren’t biting. We will win long run if we make quality products people want”. Instead they bend over to shareholders and, from my understanding they say something like “deeper plz”
Oh, you just know someone’s shorting this. It just doesn’t seem to get reported on.
The problem with shorting is you have to guess when the bubble pops. Call it too early, and you don’t get the short at all. Call it too late, and any possible earnings may get wiped out by rebounds and/or new bubbles.
You also usually short with leverage not actual full capital. To hold a short position for a long requires solvency and hopefully you don’t hit your stop loss and just lose.
While I grant these things are true, there’s no way in hell multiple people aren’t trying this bet.
“multiple people” doesn’t mean much unless it’s one of the top twenty people that own most of the stock market.
salacious_coaster@infosec.pub 1 week ago
The general public are no longer the market, but rather the product. Most of us have been demoted from customer to cattle. They don’t care what we want. We’re here to generate data for them to sell.
Megaman_EXE@beehaw.org 1 week ago
I feel biased, but i agree with you. Definitely seems to feel that way