Never thought I'd see the second Great Depression in my lifetime. I guess here we are.
Just like the first one, this one was brought on and made worse by Republican governance.
Hmm....they'll probably get a bailout to keep them afloat. But AI doesn't really have a sensible long-term business plan. Reputational harm to the brand will only increase over time. It's only going to last as long as government are willing to fund it.
@trabex @georgetakei
First internet bubble,
Real estate crash 2008,
Both of them were adjusting things back to viable models.
With AI, I know it's 'the future', I just think it's at least another 10-15 years away before anybody figures out how to make it actually any good. I keep hearing people saying about 10% of AI is useful today, so 90% is just slop videos. The numbers are scary, too big to bail out this time.