AI associated stock bubble- Are people not skeptical enough about AI? or are they just trying to make a quick trade?

It seems like people think AI can make time travel and other impossible feats possible.

People hope AI can achieve their wildest dreams, yet they probably are as clueless about AI as they are about the metaverse.

Is there not enough skepticism among speculators / traders / investors?

or are they all just short term NVDA MSFT profiteers? suggesting these stock prices may soon fall greatly.

Remember when stocks would go up just by mentioning "blockchain"? and then that shit imploded.

NVDA just hit a new YTD high. Where are we in the AI hype cycle right now?

a quick non-AI assisted search returns these results:

ChatGPT Is Dumber Than You Think.

Let’s Stop Pretending—ChatGPT Isn’t That Smart.

Why Is ChatGPT So Smart and So Stupid?

AI currently is a bunch of empty promises or limited use cases, with 10 year+ development cycles on top of the decades prior.

This AI sham feels like the blind faith people have that tesla will have full self driving. Like other car makers, TSLA only has level 3 autonomy, but it has a very inflated market cap. Kinda like the value presently assigned to AI, right?

submitted by /u/pman6
[link] [comments] https://www.reddit.com/r/stocks/comments/1286ywr/ai_associated_stock_bubble_are_people_not/
Created 2y | Apr 1, 2023, 2:20:42 AM


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