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A comment on GenAI FOMO has spurred businesses to light nearly $40B on fire.

Re:GenAI FOMO has spurred businesses to light nearly $40B on... by jstummbillig on Monday August 18, 2025 @05:30PM (#44945555)
What arrogant and cynical way of looking at business operations. You don't know how anything interesting turns out in the future. You make educated guesses and those cost money. When you run a business, everything costs money. But that is not "lighting money on fire", that is how all learning happens.

If anyone thinks they have figured it all out, stop blabbering around. Short the market.

[ Parent | on HN ]
Re:GenAI FOMO has spurred businesses to light nearly $40B on... by compiler-guy on Monday August 18, 2025 @06:50PM (#44946139)
"The market can remain irrational longer than you can remain insolvent." --John Maynard Keynes

Lots of people lost their shirts shorting the housing market prior to the 2008 crash. (_The Big Short_ highlights those who were successful, but plenty of people weren't.) But it was undoubtedly a bubble and there was a world-wide recession when it popped.

[ Parent | on HN ]
Re:GenAI FOMO has spurred businesses to light nearly $40B on... by rvz on Monday August 18, 2025 @08:32PM (#44946978)
Maybe we will get another one soon if we don’t realize quick enough that the promise of AGI is a complete scam.
[ Parent | on HN ]
Re:GenAI FOMO has spurred businesses to light nearly $40B on... by sebastiennight on Monday August 18, 2025 @09:49PM (#44947424)
nitpick:

longer than you can remain "*solvent", not "insolvent"

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Re:GenAI FOMO has spurred businesses to light nearly $40B on... by jstummbillig on Tuesday August 19, 2025 @04:11AM (#44949425)
Ignoring the fact that put spreads exist: If someone claims to be certain to see the future with much more clarity than the rest of us, yet is unable to find ANY way to turn that advantage into leverage, I certainly would not trust the person on that issue.
[ Parent | on HN ]
Re:GenAI FOMO has spurred businesses to light nearly $40B on... by mangamadaiyan on Monday August 18, 2025 @06:42PM (#44946087)
The market can stay irrational longer than the investor can stay solvent.
[ Parent | on HN ]