Fuck AI

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A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

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157

Bank of England sounds alarm over AI bubble (www.telegraph.co.uk)

submitted 1 week ago by vane@lemmy.world to c/fuck_ai@lemmy.world

10 comments fedilink hide all child comments

https://archive.ph/Hf2tr

The Bank of England has warned that a bubble in artificial intelligence (AI) stocks threatens to spark a major market correction, posing a “material” danger to Britain’s economy.

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[–] shalafi@lemmy.world 4 points 6 days ago

The actual value vs. perceived value is so far out of whack it's stunning. Y'all, we were in this path in September of 1929, and then October of 1929 hit.