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Sue Smith
@sue@glasgow.social  ·  activity timestamp 12 hours ago

Apropos

"The thing is, though, the price of a stock is not determined by the soundness of the company. It’s determined by the willingness of investors to pay a certain price."

"If you can, say, leverage three decades of mythmaking about the transformative impact of the tech industry by convincing a compliant press to spread the word that your new product is poised to make every sci-fi dream a reality.."

https://www.theringer.com/2025/11/04/tech/ai-bubble-burst-popping-explained-collapse-or-not-chatgpt

How Catastrophic Is It If the AI Bubble Bursts? An FAQ.

The AI industry's most important product is not a chatbot or a video generator; it's the story the AI industry is telling about itself
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