After installing a new interim CEO earlier this month, Mozilla, the organization behind the Firefox browser, is making some major changes to its product
So, the consumer tech industry relies on hyping up technologies and blanket applying them EVERYWHERE in order to get investor funds. That’s literally the reason why. There’s investor money in AI and there’s also money to be made by lying to people and having them pay for AI-based services.
The answer, as always, is capitalism.
When we’re off this AI hype train, keep an eye out for what the “next big thing” is according to techbros and examine it very critically.
I couldn’t find any kind of history of tech bubbles that wasn’t pro-bubble. Going backwards: “AI”, VR, Blockchain/Crypto, …, Dot Com bubble? I feel like there have to be more examples in there that I’m missing.
The dotcom bubble is a good example of a bubble that’s different from VR and crypto.
Massive investments, lots of dumb projects, the underlying tech (the web) still finds widespread use and past the bubble, the dotcom projects that survived are still a massive industry
People think bubbles necessarily collapse to zero because that’s what web3 did. It just means the market is inflated
Most of the times they have some value under the hype
What is it with all this AI bollocks 🤷🏻♂️
So, the consumer tech industry relies on hyping up technologies and blanket applying them EVERYWHERE in order to get investor funds. That’s literally the reason why. There’s investor money in AI and there’s also money to be made by lying to people and having them pay for AI-based services.
The answer, as always, is capitalism.
When we’re off this AI hype train, keep an eye out for what the “next big thing” is according to techbros and examine it very critically.
It is where the future is headed. Companies either hop on the bandwagon or get left behind.
They said that about Virtual Reality in 2014.
I’m still regretting how left behind I am, personally, by Virtual Reality. /s
Edit: Although, honestly, my Gameboy 3DS still absolutely rocks. It was worth the hype, and still is, today.
I already use AI for a lot of stuff including my job. Still waiting vr and crypto to change the world :|
They’re not the same
I couldn’t find any kind of history of tech bubbles that wasn’t pro-bubble. Going backwards: “AI”, VR, Blockchain/Crypto, …, Dot Com bubble? I feel like there have to be more examples in there that I’m missing.
The dotcom bubble is a good example of a bubble that’s different from VR and crypto.
Massive investments, lots of dumb projects, the underlying tech (the web) still finds widespread use and past the bubble, the dotcom projects that survived are still a massive industry
People think bubbles necessarily collapse to zero because that’s what web3 did. It just means the market is inflated
Most of the times they have some value under the hype