cross-posted from: https://lemmy.world/post/43533515
When will we simply accept that it’s a bubble and move on, instead of pouring a relentless amount of resources into it.
cross-posted from: https://lemmy.world/post/43533515
When will we simply accept that it’s a bubble and move on, instead of pouring a relentless amount of resources into it.
I feel like the relevant text for this moment would be The Subprime Attention Crisis by Tim Hwang.
AI was just a blip on the radar when it was written, but I felt he did a good job illustrating how tech bubbles form and are propped up using examples from the 2008 housing crisis.