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Ai bubble
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this post was submitted on 03 Jan 2025
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Every single company pouring money into the incinerator is positive they'll be the one to crack actually useful AI or even actual GAI.
Nah. They just believe it will make stock values increase (or that not doing thr AI thing will cause stock values to decrease).
Remember, a publically traded company produces shareholder value. How they do it doesn't matter.
Imagine how much more valuable alphabet stocks would be if they hadn't destroyed the core design and user experience of their search engine ๐
Most of the current value of AI comes from the fact that Google is useless now.