misk@sopuli.xyz to Technology@lemmy.worldEnglish · 15 hours agoBaidu CEO warns AI is just an inevitable bubble — 99% of AI companies are at risk of failing when the bubble burstswww.tomshardware.comexternal-linkmessage-square89fedilinkarrow-up1521arrow-down112
arrow-up1509arrow-down1external-linkBaidu CEO warns AI is just an inevitable bubble — 99% of AI companies are at risk of failing when the bubble burstswww.tomshardware.commisk@sopuli.xyz to Technology@lemmy.worldEnglish · 15 hours agomessage-square89fedilink
minus-squareVritrahan@lemmy.ziplinkfedilinkEnglisharrow-up5·4 hours agoThe uncertainty of it is exactly why it shouldn’t suck up as much capital and resources as it is doing.
minus-squarelennivelkant@discuss.tchncs.delinkfedilinkEnglisharrow-up1arrow-down1·4 hours agoShouldn’t, definitely. But for a while, it will keep running, because that’s how a lot of speculative investment works.
minus-squareVritrahan@lemmy.ziplinkfedilinkEnglisharrow-up4·2 hours agoI agree, and the problem is finance capitalism itself. But then it becomes an ideological argument.
The uncertainty of it is exactly why it shouldn’t suck up as much capital and resources as it is doing.
Shouldn’t, definitely. But for a while, it will keep running, because that’s how a lot of speculative investment works.
I agree, and the problem is finance capitalism itself. But then it becomes an ideological argument.