Basically the title. I don’t know when it will happen, but AI is a bubble that has to pop when people realize that the singularity is not possible with generative AI, and the minimal usefulness doesn’t warrant trillion dollar investments.

What are the options to bet against AI hype without betting against actual useful technologies?

  • spongebue@lemmy.world
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    1 month ago

    One thing I learned with the $GME fun when that first happened: when you buy a stock, your worst case scenario in making a bad bet is that it becomes worthless and you lose everything you put into it.

    That last ~5 words are important: your losses have a limit. When shorting a stock, your losses are the stocks gains, which theoretically has no practical limit. I agree that there’s a bubble, but who knows when it will pop - or God forbid, it’s not a bubble after all and actually holds. I would avoid going the shorting route for that reason.