this post was submitted on 06 Sep 2024
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The air begins to leak out of the overinflated AI bubble (www.latimes.com)
submitted 1 week ago by grid11@lemy.nl to c/technology@lemmy.world
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[–] Bitswap@lemmy.world 1 points 1 week ago* (last edited 1 week ago)

Those reports might effect investments from the smaller players, but the big names(Google, Microsoft, Meta, etc.) are locked in a race to the finish line. So their investments will continue until one of them reaches the goal...[insert sunk cost fallacy here]...and I think we're at least 1-2 years from there.

Edit: posted too soon