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winternett | 2 months ago

A lot of tools & companies created in the .Com era were copied, consumed, & bought by companies under the table... The eras were indeed different in many ways, but the way the "hype machine" was wound up late in the game (after cracks began to show) should not be forgotten... Lots of whales lost lots of money even when the ships were sinking because they stopped evaluating companies & the actual tech, and just bet on news reports... In terms of investment & the markets, all of the speculation has taken on a speculative & careless "lottery style" of investment now too...

Investors that have no idea of what the tech is really doing, nor even the huge copyright implications are flocking to invest based on agenda-laced news reports of Ai taking jobs, and for that very reason it's creating a huge set up. Ai is over-promised already, just like self checkouts at the supermarkets, everyone in EV self-driving cars , and speed cameras in preventing crimes were years ago..>

These things are made to drive company profit, and they do, even well after law suits are settled, so I guess that's why it keeps happening with funded mega-marketing campaigns.

Twitter came out of the Dot.Com era, so did many other tools we still use... Let's hope that they change Ai and social media to generate actual money and useability for non-corporate-backed (everyday non-millionaire+) humans without ever-increasing monthly subscriptions...

That's the only way it won't end up shelved as a meme generator, or just used as an expensive calculator. Ai's pretty good at math though.

Twitter ended up later going from one of the world's most valuable platforms to being a meme of itself for only $45 billion. Great job they did there.

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