this post was submitted on 10 May 2025
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Fuck AI
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“Here to stay”? No.
No, I don’t think so.
I think yes. Look at how long they've been trying to cram voice assistants down our throats. There's no point at which they'll say "no, I don't think these are ready yet, let's pull them back".
It is clear to all that a bubble has been growing.
If you're insisting the bubble will never burst, then there has to eventually be an actual use case for this that makes back the billions they're investing no? What's that use case? A Copilot subscription?
No. They just keep investing in perpetuity. Look at Tesla.
Sure
https://finance.yahoo.com/news/tesla-stock-tanked-hard-no-161417378.html
Look closelier. +5% over the last 5 days. +18% over the last month. +77% over the last 12 months. +460% over the last 5 years. That's in spite of the CEO's recent deeply polarizing antics that have nothing to do with Tesla itself.
Don't make up numbers.
It's -21.36%. I don't know where you're getting this info from.
Type "Tesla stock" into Google and select YTD (year to date).
LOL I am not making up numbers, you just don't understand what "year to date" means...
Oh, got it. Yeah thats embarrassing. Google places it right after 6 months so i didnt even think about it LOL. I see the +77% over the past year.
We're super in the weeds at this point, and Tesla stock has nothing to do with AI so i shouldn't have even entertained you changing the goalposts, but now that you have I'll admit you scored on this one.
Back to the original point though, neither Tesla nor AI will grow in perpetuity, the bubbles will burst, it's just a question of when.
I didn't change any goal posts, I gave an example as evidence of how companies' stock prices can balloon indefinitely with no rational justification. That's not the same thing.
Yeah we were talking about the AI bubble and you changed the goals to the stock of an electric car company.
There was no need. I already agreed a bubble exists.
The question we were discussing is whether or not it will pop.
My view is it will pop eventually, your view seems to ge that in 100 years from now a pyramid scheme built on infinite growth is somehow still resulting in heaps of returns for investors.
Time will tell.
I did not change anything, both topics are about "bubbles" in general.
I did not. My evidence was in the contrary.
You're intentionally misrepresenting my statements. I never said anything about returns. It's built on infinite speculation.
Please stop lowering yourself to bad faith arguments.
This is getting a bit tedious. AI is a specific bubble. Generalizing it is still moving the goalposts but I'll grant you it's on "theme".
I'm confused now. You don't believe there's a bubble? You think Tesla and AI are valued accurately?
With respect, I don't even know what you're saying here.
When you say "speculation" we're talking about the stock price going up correct?
If I invest in a company, and the value of that investment goes up via stock price, this definitionally is a return on investment.
The stock price going up is a return on investment. I'm not trying to misrepresent you, this is simply what your words mean.
Not being a bubble does not = "Tesla and AI are valued accurately". "Accurately" would mean that there is legitimate potential for future income. "Bubble" = market conditions that are going to "pop"/collapse. I don't think there is a "pop". The stock just going to grow indefinitely, driven purely by hype and advertising. Because that is what has happened to Tesla for the last 10 years and counting.
I consider ROI to be income derived from the products themselves but I suppose if you're an investor that doesn't matter either.
Agree to disagree. Go invest in AI if you want.
Like blockchain, NFTs, crypto, 3D TVs and every other overhyped tech with no actual product behind it, I am certain it will crash, so I wouldn't recommend it, but you're welcome to your take.
I despise Elon just as much as you do, ever since the cave diving incident I've seen him as an immature school child and he's only revealed himself to be that much worse.
But don't rewrite history about Tesla and act like they weren't selling cars...
Those 10 years were legit growth. He built a dedicated intellectual demographic of people who care about climate change.
Now he's spent the past 2 years burning it all down, so we'll see how long he can keep this up. Not 10 years.
Every rational investor will tell you the financial growth of the company does not come anywhere close to justifying the astronomical growth of the stock price.
AKA a bubble.
The bubble grows while there is actual growth underneath to push it. When the actual growth stagnates, any growth in the bubble is putting more and more pressure on the stock until minor fluctuations can domino into mass panic.
Look at Enron for an example of this in action. It happens quick.
Once again, the bubble implies there is a looming "pop".
Exactly
Exactly, it's not a bubble.
It's either a bubble or not. You can't have it both ways.
I think I'm done with this.
What did I say in the comment you just replied to?
I get it. We've done this circle before.
You're going to say "it's not a bubble".
I'm going to ask "so is the stock price accurate"?
You're going to say it's a bubble without using the word bubble "any investor can tell the price is skyrocketed above what it should be worth".
And then like the Patrick/Man Ray meme I'm going to say "so it's a bubble" which you will then respond "no" to and we will repeat the circle.
I said I'm done.
I've explained several times now exactly how and why it's not a bubble. If you have problems understanding basic English, that's not something I can help you with.
I mean - I still don’t use them so - ? And knowing they’re infected with AI, I wouldn’t use them for anything other than the simplest, statistically-improbable-to-get-wrong tasks.
You’d be surprised, Google voice commands have gotten so bad it can’t toggle a light. Things as simple as “define: word” are now a 50/50 of working or spitting out some random crap unrelated to what was attempted to be looked up. I’ve stopped using the little speakers for anything other than streaming music while cooking.
And yet they are still here
I guess - i mean, the smallpox virus is still here too, it’s just very unpopular and not very profitable.
Oh you got a solution for ai hallucinations?
Yep. No AI.
Yeah.