Was AI just a bubble after all?
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Too soon to say if it's a bubble. But there's always been a huge amount of hype associated with AI. It's going to write your resume, do your job, teach your kid, play with your dog, wash your car, and mow your lawn. But seriously, today's news was instructive because it just shows that everyone's assumptions could be way off. You don't know what you don't know.
Qa tester for AI. Now what?
Chief
This isn't a bubble. This is very real and it is very much a threat to everyone's way of life. Wages are going to go down. AI is going to be priced cheaper now (DeepSeek) and its uptake will further accelerate. Believe it or not, AI may actually spread communism and socialism as workers will likely lose tons of income from AI. I know a lot of people think it will create more jobs (Jevons paradox), but I don't see it because people will get dumber over time from overreliance on it. The less you have to know, why bother? Work ethic will erode and the way we teach school will need to evolve drastically as most school is rote memorization type lessons. What will be the point of homework? Students can just get AI to do it in under 5 secs now.
Chief
With the time savings of AI, full-time employment is pointless for employers. If something that took weeks, can be done in a single workday why do they need you idling. Office work is going to become even more gig-like and you gonna have to produce more to get less. No benefits, no paid time off and no security whatsoever.
Rising Star
“Was”?
After one day of stock drop? LMAO
Based on what I’m seeing, it’s like the washing machine or microwave. It can save you time and effort. But you need to know what to put in it and how long for it to work.
Or similar to coal or gold mining. When everyone is using shovels and picks to randomly find veins, AI can help pinpoint where veins of coal could be to eliminate extra work. Or similar to bringing in machines to handle the harder work.
The internet was also a bubble, but it still became a cornerstone of business today.
They are all tools. Learning how to use them, build them, maintain them is where the jobs will be.
The internet was "just a bubble" in '99-'01, that's why we're all communicating via letters.
In all seriousness, bubbles are almost inevitable with stuff like this because part of the valuation of these companies is a projection of future performance and the future is not easily predictable.
Bubble? Yes.
Just a bubble? No
Is it overvalued? Probably. That being said what I think is happening is demand driving up the price. Everyone wants to be on the ground floor because the revenue potential is likely insane.
I'm not sure that classifies as a bubble though. Depends on your definition.
No, but the question is kind of wrong-ish. It's not about AI but about "exclusive access" to something unique - OpenAI/Meta models runing on big nVidia metal - and that was a bubble for some, obvious bubble for others and race horse on the track for those who wanted to play game.
So now we have susspision (and strong) that exclusivity is no more and that made a shift ... but we will see in future days that it's not about "bursting bubble will make money dissappear" ... money will shifts somewhere else. To china? If they do it we can do it too but somewhere safe? We can do DeepSeek on cheap cards, but on nVidia big guns chips it runs like crazy?
... thats all about marketing and market manipulation thru hype, where everyone wants to create another "exclusive access" on his own sandpile. It just teach us how we shound not have assumptions based on few months of hype.
Bubble - yes, but Short term because all the other US tech companies are going back to the drawing board to see how they can make it the way DeepSeek has done it. In the end competition is good. But like someone said earlier, it make all us (future generations) dumber. Also Skynet is coming:-(