"While everyone was busy reassuring themselves the stock market was still A-OK, the driver of the market--the AI fad--just burned to the waterline. Yes, the current euphoric expectations for AI are a fad, the latest in the endless stream of "gotta have" status signifiers and cultural frenzies."
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I see I neglected to include the link.
http://charleshughsmith.blogspot.com/2025/01/the-ai-fad-just-burned-to-waterline.html
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@leighelse Its hard not to think that everybody assumed AI would be a big profitable thing purely because so many people were spending so much money on it.
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@JimmyKip Yes, even though there's no logic to those assumptions.
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text/gemini