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A comment on Why is AI so popular when nobody wants it?. Parent comment

Re:Why is AI so popular when nobody wants it? by JohnFen on Tuesday April 29, 2025 @04:52PM (#43837922)
> are basically trying to will the next one into existence

I think this hits the nail on the head. At least, it's the only explanation I've heard that makes any sense.

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Re:Why is AI so popular when nobody wants it? by saltcured on Tuesday April 29, 2025 @05:21PM (#43838164)
What is the venture capitalist rhyme for "fake it until you make it" but starts with "hype it..."?
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Re:Why is AI so popular when nobody wants it? by NoFunPedant on Tuesday April 29, 2025 @06:05PM (#43838566)
"Market the hype till the market is ripe"?
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Re:Why is AI so popular when nobody wants it? by Jensson on Wednesday April 30, 2025 @04:13AM (#43842475)
It is "pump and dump", hyping is pumping.
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Re:Why is AI so popular when nobody wants it? by xk_id on Wednesday April 30, 2025 @05:41AM (#43842973)
VCs just need to make sure there is enough hype by the time AI startups IPO, so that they can cash out. It's part of a bigger trend in finance, arguably caused by quantitative easing. It's why Uber could IPO, while they had never made a profit; but because of the hype, their stock price did great on day 1.
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Re:Why is AI so popular when nobody wants it? by rsynnott on Wednesday April 30, 2025 @05:31AM (#43842929)
There've been a _few_ of these over the last decade; _two_ attempts at blockchain stuff (an initial "use blockchains for everything" one, and a "use NFTs for everything" one a couple years after the first crashed and burned. And then of course there was 'metaverse'.
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