The problem with betting against it is that "the market can remain irrational longer than you can remain solvent"
this post was submitted on 11 Mar 2026
97 points (97.1% liked)
Technology
82488 readers
4418 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
From the low/high IQ bell curve meme... "I'm smart enough to sell before the bubble bursts"
So the forerunners in innovation just do whatever everybody else is doing.
Yes. Monkey see monkey do.
Those NFT apes come to mind
It's not driven by fear, it's arrogance. They think they won't be caught holding the bag. They continue investing because the stock will continue going up because people keep investing. It's purely speculative gambling. No one in this entire industry cares if it ever turns a profit. Pichai just got a $692M payday, despite not gaining a single dollar of profit from AI.
This is mostly true for CEOs of for-profit corporations. But there are plenty of government orgs and non-profits also going hard on AI. They are afraid of falling behind and are trying to "make fetch happen" even though they don't really have an answer for what AI will do for them.
25% of CEOs know they're throwing money away, but can't stop because 100% of CEOs are throwing money away.
Are you really a rockstar CEO if you're not throwing money away like all the other CEOs are throwing money away? In fact, you better throw it away harder.
As long as it bursts after the bonus clears
It's more because of imbecilic investors. You can't get 5 euros to do something useful, but you can easily get 10 if you commit to throwing 5 down the AI drain.
So the MOFOs have FOMO?
Just YOLO until FAFO.
I followed AI developments in the beginning, but it felt like really effective use cases were always just out of reach.
Last time I was using AI was before "Agentic" AI was a thing (it was just around the corner).
Can anyone clue me in, is AI still making forward progress? I feel like if there was a massive change or breakthrough it would be HUGE news, but I also imagine slow incremental progress could eventually build up to being a breakthrough.
I understand that it is still way too prone to errors and hallucinations to be trusted with serious tasks, but have there been any noteworthy improvements?
LLM-based coding agents have become useful to the point that people are building large software projects without humans writing or reviewing code directly. The naive approach to that will result in disaster if used in a production environment, but practices to improve reliability are evolving.
Popular opinion seems to be that Claude Opus 4.5 was the tipping point for this.
Oh they're finally admitting it? Ok, so we're at least seeing progress that it is in fact a bubble. So we're along the bubble highway. How much longer before the rich get tired of throwing that money away?
You never know at what stage of the bubble you are. Will it burst in one year or five?