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Tag Archives: hype
The AI bubble keeps getting punctured
The BBC recently reported on Artificial Intelligence living up to its name: Artificial. ‘Come back’ implored the foolish companies who had prematurely fired employees with true intelligence and decades of experience. This story was highlighted by Uncovering AI, Substack.
DOT-COM to AI: Investor hysteria
Dot – Com began 1995. PSI-net went public. It was one of the first internet providers. Bill Schrader was co founder of PSI-net. By July of that year, he was worth $105 million. By 2001, PSINet had declared bankruptcy. The … Continue reading
Posted in anthropocene
Tagged AI, artificial intelligence, bankruptcies, betting, dot-com, false dawn, financial mistakes, greed, hype, Internet, investors, naive expectations, overconfidence, quick buck, technology
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