A tangled web of deals stokes AI bubble fears in Silicon Valley
www.bbc.com
Some are worried that the rapid rise in the value of AI tech companies may be a bubble waiting to burst.
  • jaykrown@lemmy.world
    8·
    12 days ago

    The valuation is a huge bubble, but the utility is still growing. A capitalist system always has trouble valuing new technologies.

  • lemmyknow@lemmy.today
    1·
    12 days ago

    Someone cares to explain what that means? What exactly is this “bubble” I keep hearing about, and what happens if it bursts, as people say it eventually will?

    • vane@lemmy.world
      3·
      12 days ago

      Couple hundred thousand people will lose jobs and couple hundred companies will go bankrupt because of unreliable business model based on venture capital money and stock speculation.