The number of companies from startups to large caps getting into generative AI and looking for ways to use it to enhance their business feels pretty.... insane. I have friends who work in completely unrelated industries calling me up asking about ChatGPT, Bard, and the like (and I work in data engineering, not AI, so they have no business calling me tbh).
I haven't really been around long enough to "remember" the dot com bubble, but I feel like we're fast approaching something like that - where AI companies don't actually have to have anything valuable to offer other than saying they're "using ai".
In short: I see froth. There is a saying in the Computer Science world that I've found to be true time and again - the 90/90 rule... Once you're 90% done, you only have 90% left to build. I feel AI isn't even at 50% and yet all I hear is "ai revolution".
Is it just me?
[link] [comments] https://www.reddit.com/r/stocks/comments/12r5bb1/ai_bubble_or_nah/
Login to add comment
Other posts in this group
Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism.
Why quarterly? Public comp
When you sell a stock to buy another stock, do you prefer to set the estimated amount of the capital gains taxes aside in a money market or do you think it better to
Saving for retirement is crucial, but relying solely on a 401(k) might not be enough due to high inflation. Consider investing in growth stocks, especially in the tec
I’m think this is not a good investment as there is no chatter at all on the 52 week low. They are involved in a class action lawsuits by investors and credit card co
Sorry if this is the wrong sub. Let’s say I had $1 million in VOO but I wanted to sell half of it to buy SCHD. It would suck to pay taxes on $500k. So how would you g
Hey guys, I did a deep dive into Crocs. In this analysis, I will do a brief breakdown of the company and go over some quantitative data, qualitative data and estimate
