this post was submitted on 28 Aug 2024
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A couple of others I can think of:

  • Crypto-boom of 2016ish: GPUs/mining rigs
  • LLM/AI hype nowish: User generated data
  • 90's dotcom bubble: Server space
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[–] [email protected] -5 points 3 months ago* (last edited 3 months ago) (1 children)

Gold rush = a bunch of fools getting hyped up on the latest thing thinking they’ll get rich, but almost none of them will.

Selling shovels = not chasing the latest hype, but making money off the fools who chase the latest hype.

Edit: because I know someone is gonna try this

That's not an opinion or an interpretation. That's the meaning of the phrase. It's not this amorphous ambiguous thing where all interpretations are valid. It has a specific meaning.

[–] [email protected] 7 points 3 months ago (1 children)

... None of us were confused by the saying. You obviously are confused about where you stand cognitively, in comparison.

[–] [email protected] -2 points 3 months ago (1 children)

Look at the comments dude. Bunch of dumdums.

[–] [email protected] 4 points 3 months ago (1 children)
[–] [email protected] 2 points 3 months ago (1 children)

You guys are better than this conversation, he’s a troll and he feeds on the attention.

[–] [email protected] 2 points 3 months ago

Yep, I checked outta here a while back.