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Mike Elgan
@MikeElgan@mastodon.social  ·  activity timestamp 2 days ago

Claim of the moment: "a third of the stock market is tied up in seven AI companies that have no way to become profitable"
https://futurism.com/future-society/cory-doctorow-ai-collapse

Futurism

Cory Doctorow Says the AI Industry Is About to Collapse

Famed sci-fi author and tech journalist Cory Doctorow has a spectacularly grim warning about the coming AI-fueled economic disaster.
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John H "looking for work" :zenbrowser: :linux: :rick:
@mrclark@infosec.exchange replied  ·  activity timestamp 2 days ago

@MikeElgan
What the hell was the point of that article? It just repeated what Cory Doctorow said on his site.

No rebuttal or agreement just a rehash.

Did AI write this?

#fuckai

@pluralistic

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Wulfy
@n_dimension@infosec.exchange replied  ·  activity timestamp 2 days ago

@MikeElgan

Relax, it took 30 years for internet stocks to be profitable.
With a dot.com crash in the middle

People lack any sense of perspective.
It's as if the past did not happen.

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