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I cannot stress enough how much what is happening is a textbook scenario of overinvesting before proving a system's usefulness.
And that is a direct result of companies posturing for investors rather than delivering value.
@dawngreeter Hell yeah. Been saying this since this whole half-cooked "AI boom" started in 2022.
It didn't make sense to invest so heavily in a technology that hasn't actually directly turned a profit? It never made sense.
@sidereal Blind leading the blind. It's Dr. Strangelove scene about the doomsday device race. It's a double bubble of not only overinflating the product but also inventing a demand for it in the first place. It is investment cult behavior.
@sidereal And as I type this I realize I am just describing a (very weird) pyramid scheme.