this post was submitted on 13 Aug 2023
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AI Is Starting to Look Like the Dot Com Bubble (futurism.com)
submitted 2 years ago by stopthatgirl7@kbin.social to c/technology@lemmy.world
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As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.

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[–] aesthelete@lemmy.world 2 points 2 years ago

Stocks pay dividends to their share holders. Stocks also represent portions of companies that make other things.

Basically you're saying that crypto is like a shitty stock that doesn't pay dividends, doesn't generate a profit, makes nothing, is not actually valuable, and is only worth what you can sucker someone else into paying for it. I agree.

But I also wouldn't invest in such a stock.