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jbz
@jbz@indieweb.social  ·  activity timestamp 2 weeks ago

💥 What is AI market actually worth? - Stephen Diehl

「 The goal is not to build a profitable business but to keep the music playing long enough to pass the flaming bag of promissory notes to the next, even wealthier, idiot. The supposedly decentralized investor class is more like a herd of lemmings, engaging in a spectacular display of malinvestment that would make a Soviet central planner blush 」

https://www.stephendiehl.com

#ai #bubble

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lemgandi
@lemgandi@mastodon.social replied  ·  activity timestamp 2 weeks ago

@jbz https://www.poetryfoundation.org/poetrymagazine/poems/13074/peace

This was written on the eve of World War 1. This essay on the AI bubble reminded me of it.

The Poetry Foundation

Peace

Now, God be thanked who has matched us with his hour,       And caught our youth, and wakened us from sleeping! With hand made sure, clear eye, and sharpened power,       To turn, as swimmers into cleanness leaping, Glad from a world grown old and cold and weary;       Leave the sick hearts that…
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