The term "AI bubble" refers to the idea that the excitement, investment, and hype surrounding artificial intelligence (AI) may be growing at an unsustainable rate, much like historical financial or technological bubbles (e.g., the dot-com bubble of the late 1990s). Here are some key aspects of this concept:
Overvaluation and Speculation: Investors and companies are pouring significant amounts of money into AI technologies, sometimes without fully understanding the technology or its realistic potential. This could lead to overvaluation of AI companies and startups.
Hype vs. Reality: There is often a mismatch between what people believe AI can achieve in the short term and what it is currently capable of. Some claims about AI may be exaggerated, leading to inflated expectations that cannot be met.
Risk of Market Crash: Like previous bubbles in history, if AI does not deliver on its overhyped promises, there could be a significant drop in AI investments, stock prices, and general interest. This could result in a burst of the "AI bubble," causing financial losses and slowing down real progress.
Comparison to Previous Bubbles: The "AI bubble" is compared to the dot-com bubble or the housing bubble, where early optimism led to massive growth and investment, followed by a sudden collapse when the reality didn't meet expectations.
Not everyone believes an AI bubble is forming, but the term is often used as a cautionary reference, urging people to balance enthusiasm with realistic expectations about the technology’s development and adoption.
Some people get really bent out of shape that not every instance is exactly the same as lemmy.world, cheer-leading for the exact same worldview. They are intellectually brittle and emotionally weak, so when they don't see the same group-think taking over somewhere they can't control they need to post something like "BUT WE ALL HATE THEM OVER THERE, RIGHT FELLAS?! WE GOOD, THEM BAD! LET'S DE-FEDERATE!"
Alcohol. Last drink was 42 days ago. I was getting very drunk every day for years. I feel pretty good right now, getting therapy to work through the issues that I was self-medicating. Also making some big positive changes.
I guess it's too early to say with confidence that I "kicked" it, but I haven't gone this long without a drink for a very long time and I'm determined to never touch alcohol again.
I think he's correct and there's a ton of cope going on on lemmy right now. I also think tons of art/graphic design jobs will disappear never to return.
Nothing is forever