It would be pretty unusual for a company on the scale of Facebook or Microsoft to go under due to a bubble like this, although it is slightly possible they might slip down a tier in the shuffle. Its more likely well see lots of shitty little companies tacking AI onto things that dont need AI go under, and the speculative ventures burning investor money on market share or technologies that may never turn profitable will be thinned out greatly. Its also possible we could see some big names that dont have revenue outside the AI market suffer financial setbacks and be absorbed. Its also possible the bubble could continue to grow for years and we could see some really ridiculous investments and an even more devastating crash in the end.
jrs100000
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Even technologies that totally transform society, like trains or the Internet, can overinvest and eventually pop. It doesnt mean the tech goes away, it just means investors take a bath and the dead weight gets burned off.
jrs100000@lemmy.worldto News@lemmy.world•Bragg Soldiers Who Cheered Trump's Political Attacks While in Uniform Were Checked for Allegiance, AppearanceEnglish2·1 month agoI think its mostly just how thin his skin is and how hes publicising these events. Usually with a VIP political figure addressing the troops the big concern is physical security. They know full well that ~50% of the people in the room hate their guts, and they are totally ok with and used to that. They also know everyone will at least keep their mouth shut if they disagree.
jrs100000@lemmy.worldto politics @lemmy.world•‘Oof…Just Bad Stuff All Around’: CNN’s Data Guru Shocked by Trump’s Brutally Low New Approval RatingEnglish11·1 month agoIt is relevant. Congress is mostly going along with him because they are afraid of being primaried. If he dips much lower we might suddenly see unexpected people speaking truth to power.
jrs100000@lemmy.worldto News@lemmy.world•Bragg Soldiers Who Cheered Trump's Political Attacks While in Uniform Were Checked for Allegiance, AppearanceEnglish2·1 month agoThey kind of have to. They can order to them to stand there for the speech and to cheer at the end, but there are a lot of ways to interpret that order. Better to hand pick people who want to be there, rather than deal with a bunch of sarcastic soldiers trying to make their displeasure known on camera.
jrs100000@lemmy.worldto Technology@lemmy.world•OpenAI's annualized revenue hits $10 billion, up from $5.5 billion in December 2024English10·1 month agoThats less than 50 million GPT plus subscriptions, even fewer if you factor in the more expensive subscriptions. Thats alot of subscriptions, but not an implausible number.
jrs100000@lemmy.worldto World News@lemmy.world•What we know so far: Trump and Musk’s spectacular public blowup rocks WashingtonEnglish4·1 month agoWait, Im confused. Which ones the hyper capitalist and which ones the fascist?
jrs100000@lemmy.worldto Technology@lemmy.world•Robot chefs take over at South Korea’s highway restaurants, to mixed reviewsEnglish141·2 months agoHow much joy and creativity do think there was in these places before?
jrs100000@lemmy.worldto News@lemmy.world•Sean 'Diddy' Combs rejects plea deal ahead of sex trafficking trialEnglish20·2 months agoOnly legally. If he was angling for a pardon the story would be he was a heroic innocent alpha male wrongly convicted by a woke liberal California court trying to silence him because of democrat feminism Obama.
jrs100000@lemmy.worldto News@lemmy.world•It Certainly Looks Like Elon Musk’s ‘Legion’ of Kids Is Bigger Than Anyone ImaginedEnglish61·3 months agoIn two generations well probably be banging rocks together in a irradiated hellscape and Ill hopefully be long dead.
Creating an enduring positive legacy takes effort, and neither Jobs or Bezos really made an attempt. Guys like Musk and Gates are making that effort and are likely to be remembered, although I think its pretty unlikely Musk will ever be able to restore a positive connotation to his name.
jrs100000@lemmy.worldto News@lemmy.world•It Certainly Looks Like Elon Musk’s ‘Legion’ of Kids Is Bigger Than Anyone ImaginedEnglish71·3 months agoYou know their name. Just about everyone reading your comment knows their names as well. Further, when most people hear their names the first thing that pops into their head is something positive and prestigious, not the awful things they did to make their fortunes. Many of their descendants are still wealthy and powerful to this day. It doesn’t really make much difference if people spend time looking at their portraits.
jrs100000@lemmy.worldto politics @lemmy.world•The Dangerous Silence of Retired U.S. Presidents - Ralph Nader goes fucking OFF on the pathetic, cringing complicity of our former "leaders"English8·3 months agoYou know who should be doing that? The Democrats in the House and Senate. If they cant even do that a bunch of geriatric retired politicians writing a letter to the editor its going to galvanize anything.
jrs100000@lemmy.worldto politics @lemmy.world•The Dangerous Silence of Retired U.S. Presidents - Ralph Nader goes fucking OFF on the pathetic, cringing complicity of our former "leaders"English153·3 months agoWho exactly does he think the former presidents are going to convince? They hate Bush, and the rest are all Democrats.
But they do. Lots of crap has “AI powered” plastered on the investor prospectus with no real world application. The worst Ive seen has been targeted at audiences that wernt burned by .com, such as in China, but even in the US youll have a hard time finding a startup that doesnt incorporate AI in some way.