MIT report predicts AI bubble burst

[Nefertiti]

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U.S. tech stocks slide after Altman warns of ‘bubble’ in AI and MIT study doubts the hype
https://shorturl.at/8gxvI

[Nefertiti]

David Woo discusses the report

[KenyanPlato]

AI is bullshit. You don't have to be a techie to see that this is another tech grift..A scam wrapped as a great idea. This is crypto currency on steroids

[Nefertiti]

AI is bullshit. You don't have to be a techie to see that this is another tech grift..A scam wrapped as a great idea. This is crypto currency on steroids

Yeah it will take years before we see robot cops or nannies. Only soft applications like chatbots and self-driving cars are easy.

[Georgesoros]

Agreed. It is gonna be a financial hit for everyone. 1990s bubble will look like ..................

[Nefertiti]

Agreed. It is gonna be a financial hit for everyone. 1990s bubble will look like ..................

Not as big as the internet bubble. David Woo calls it high adoption, low transformation. The most impacted will be Big Tech. The likes of Meta are hitting $2T by hype. Nothing Meta has done is worth that much. Even its MetaAI chatbot is underwhelming. In fact none of the big chatbots - ChatGPT, Gemini, Grok, DeepSeek live up to the hype beyond code, poetry and general chatter.

Real intelligence applications should be mass-scale production. Robotics, 3D printed infra, medicine, etc. "Singularity".