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The air begins to leak out of the overinflated AI bubble (www.latimes.com)

submitted 2 months ago by grid11@lemy.nl to c/technology@lemmy.world

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[–] Grandwolf319@sh.itjust.works 1 points 2 months ago (1 children)

Is it really a grift when you are selling possible value to an investor who would make money from possible value?

As in, there is no lie, investors know it’s a gamble and are just looking for the gamble that everyone else bets on, not that it l would provide real value.

[–] Cryophilia@lemmy.world 2 points 2 months ago

I would classify speculation as a form of grift. Someone gets left holding the bag.