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by vasili111
693 days ago
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AI is not a bubble and already bring real benefit and will bring even more in future. It will spread more and at some point it will became so common that we will just use it and just talk less about it. For example, same happened with mobile phones, at first everybody was talking about them but now everybody just use them and does not talk much about it. |
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Things can be beneficial and a bubble at the same time. Useful things in short supply are expensive. It's a bubble when someone buys a thing for expensive in a gamble to sell it off to someone else for more expensive. It's not a bubble when a house seller sells a house to someone who wants to live in one. It's a bubble when they're selling to a seller, who sells to another seller, and so on.
Also I think one oddity with AI is that it came in very cheap. So it's hard to make it a bubble. But I guess grifters are stockpiling the shovels without realizing that everyone has one... hence OP's question.