Re:AI-related companies lost $190B in stock market value
by jstummbillig on Thursday February 01, 2024 @09:38AM
(#39216411)
I think the usage of the term "bubble" could use a little sharpening. In this context, for example, you could also use "gold rush" for an entirely different (yet similarly vague) effect.
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Re:AI-related companies lost $190B in stock market value
by ghaff on Thursday February 01, 2024 @09:45AM
(#39216508)
Bubble implies an overall deflation. Gold rush implies a few people will get rich--especially those selling tools--and the rest will go belly-up. The latter seems more plausible in general. And, honestly, gold rush probably applies better to a lot of things in tech than bubble. (Though dot-com was probably more of a bubble even if some companies came out the other side.)