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AI Is Starting to Look Like the Dot Com Bubble
(futurism.com)
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this post was submitted on 13 Aug 2023
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How much VC is really being invested at the moment? I know a variety of people at start ups and the money is very tight at the moment given the current interest rate environment.
Like 85% of the most recent YC class are "revolutionize x with AI" crap.
Yeah this author doesn't understand what a bubble actually is if they are saying there's an AI bubble without associated capital over-investment
I know that openai is burning $700,000 a day, and that all of that is VC money.
That is crazy!