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The AI bubble is looking worse than the dot-com bubble. Here's why

(www.marketwatch.com)
5 points signa11 | 1 comments | 22 Oct 24 01:29 UTC | HN request time: 0s | source
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metadat ◴[22 Oct 24 02:18 UTC] No.41910557[source]▶
> Put these numbers together and the internet generated more than $1.5 trillion in revenue (in 2024 dollars) in 2000 — and the internet bubble still burst. Generative AI, on the other hand, is currently generating less than $10 billion. If the bubble bursts, it will be a very large pop.

Overly negative - Maybe less than $1.5T, but certainly more than $10b, even if indirectly. It's not an apples to apples situation.

replies(1): >>41910582 #
clipsy ◴[22 Oct 24 02:23 UTC] No.41910582[source]▶
> but certainly more than $10b

Based on?

replies(1): >>41910675 #
metadat ◴[22 Oct 24 02:37 UTC] No.41910675[source]▶
The summation of almost every tech company integrating AI features to boost engagement and sales, not to mention the AI girlfriends business alone. There are More lonely people out there than you might realize.
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1. Tier3r ◴[22 Oct 24 02:41 UTC] No.41910688[source]▶
I suspect the actual dollar value of AI from "companionship" far outstrips the value created from the endless junk like Gemini summaries.