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glimshe | 3 days ago

You'll always find someone claiming X or Y are close to collapse at any given time. As even a broken clock is right twice a day, eventually one of these predictions will randomly be proven correct. That person will then be elevated to a genius forecaster and rake in cash for a decade or two.

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muddi900|3 days ago

Actually it is the other way around; every upstart claims that their invention is the mostest revolutionariest thing ever. 99.9% of them are not. The nay sayers are right most of the time.

Recent high-profile examples include Segway, NFT, Crypto as a whole, pre-tranformers voice assistants and various "Design Thinking" projects like those Amazon prime buttons.

131hn|3 days ago

My grandma (and my parents, by the way) have never heard of Segway, NFTs, or crypto, but they use ChatGPT all the time.

109847|3 days ago

Thiel said around last autumn that AI is a bubble and exited Nvidia. Nvidia is now falling despite good earnings.

If OpenAI keeps getting circular financing, of course they will not collapse yet.

hzwanip|3 days ago

> Nvidia is now falling despite good earnings.

I think it's still too early to tell. By what measure did you even determine that Nvidia is falling?