[msla]

Is it really a bubble if it's producing real value?

The answer is yes. Bubbles are investment and financial entities, decoupled from the value the sector is producing, and a bubble burst can indeed destroy real value.

So AI being in a bubble says nothing about whether AI is valuable.

[AndrewKemendo]

It's not really a bubble from the financial risk perspective if there isn't a way to "correct" or collapse it.

Machine Learning is a feature set inside an application inside a market. It's not an industry of it's own where massive swaths of an industry place their money or livelihoods, like e-commerce or derivatives.

So in that sense there isn't any bubble to burst. The majority of ML applications are happening INSIDE massive technology companies, not as stand alone companies. Even then, the stand alone companies have a product that they are selling that ML functions with. So SaaS with ML, or Image Captioning or Translation service etc...

[TrickyRick]

Investing billions of dollars in companies and paying employees crazy salaries simply because their title contains the word "data", how is there no way to collapse that? One day the time comes to reap the reward and when the rewards are a lot smaller than expected funding will be withdrawn or at the very least scaled back.

[b4ux1t3]

Honestly? Data works. It makes companies billions of dollars. Machine learning and AI are getting increasingly good at parsing the data that already exists. It makes sense that companies, who have always made money on data, would invest in something that promises to make them even more money, and has demonstrated the ability to do just that.

[AndrewKemendo]

Where are all of these companies paying crazy salaries simply because their title contains the word data?