As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.

  • qwertyWarlord@lemmy.world
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    11 months ago

    Crypto is 100% a bubble. It’s not an investment so much as a ponzi, sure you can dump money into it and maybe even make money, doesn’t mean it doesn’t collapse on a whim when someone else decides to dip out or the government shuts it down. Its value is exactly that of NFT’s because it’s basically identical, just a string of characters showing “ownership” of something intangible

    • stealin@lemmy.world
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      11 months ago

      Whatever man, used electricity will become valuable someday, I just know it.

    • Patius@lemmy.world
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      11 months ago

      It’s not even a ponzi scheme, it’s just a good old fashioned bubble.

      It’s digital tulips.