this post was submitted on 15 Apr 2025
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[–] pjwestin@lemmy.world 43 points 12 hours ago (3 children)

Oh, it's gonna be so much worse. NFTs mostly just ruined sad crypto bros who were dumb enough to buy a picture of an ape. Companies are investing heavily in generative AI projects without establishing a proper use case or even its basic efficacy. ChatGPTs newest iterations are getting worse; no one has a solution to hallucinations; the energy costs are astronomical; the entire process relies on plagiarism and copyright infringement, and even if you get by all of that, consumers hate it. AI ads are met derision or revulsion, and AI customer service is universally despised.

This isn't like NFTs. It's more like Facebook and VR. Sure, VR has its uses, but investing heavily in unnecessary and unwanted VR tools cost Facebook billions. The difference is that when this bubble bursts, instead of just hitting Facebook, this is going to hit every single tech company.

[–] figjam@midwest.social 6 points 10 hours ago (1 children)

It so bad and its so pervasive. The only thing I can even equate it to is a forced meme.

[–] pjwestin@lemmy.world 2 points 7 hours ago (1 children)

Everyone I know shuts off AI features on their software, yet they keep adding it to more and more software. It's like the exact opposite of supply and demand.

[–] figjam@midwest.social 1 points 6 hours ago

My favorite was the security tools with their new AI data protection features. "We scan your data and put it in AI to keep it safe from AI!"

[–] quoll@lemmy.sdf.org 3 points 9 hours ago (1 children)

hit every single tech company.

and institutional investors who steward pleb money... so its going hurt real.

[–] pjwestin@lemmy.world 1 points 7 hours ago

Oh yeah, it's gonna be massive. I don't know if this will be as bad as the subprime mortgage crisis, but it's gonna come soon, and with all the tariff instability, it's gonna hit while the economy is already weak. It's gonna suck.