General Discussion

North Coast Lawyer

(266 posts)

91. Dot.com bubble on steroids

Fri May 15, 2026, 02:06 PM

7 hrs ago

Yes, the internet changed a lot of things but those changes weren't anywhere close to the wild predictions. The internet replaced boring low paid insecure retail jobs with boring low paid insecure jobs in warehouses and logistics (e.g. Amazon).

AI will be similar. AI promises the moon but in the end will only make incremental improvements. So far the most successful implementation of AI is in military drones that can be taught to identify and attack targets on their own and are, therefore, immune to electronic signal jamming.

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I'm Going to Make a Huge Prediction [View all] MineralMan Yesterday OP

There is unquestionably a bubble in the sector... Moostache Yesterday #1

Yup. MineralMan Yesterday #2

Yeah, try calling the IRS... bobalew Yesterday #60

It Also Seems To Presume... ProfessorGAC Yesterday #4

This is the most nefarious part Diraven Yesterday #40

Dot.com bubble on steroids North Coast Lawyer 7 hrs ago #91

Everybody I know is somewhat skeptical/uncomfortable engaging with it.... Ars Longa Yesterday #3

A very expensive, society-wrecking solution looking for a problem. Midnight Writer Yesterday #5

Their only path to profitability is evil Diraven Yesterday #47

I happen to love that statement. OldBaldy1701E 12 hrs ago #64

Terrific way to put it! calimary 5 hrs ago #92

Good advice. As an IT person, I trust you far more than many others sprouting this nonsense about AI etc. It SWBTATTReg Yesterday #6

Drive thru fast food places like Rally's have AI taking orders.............. Lovie777 Yesterday #7

"Hello. Will you be using your McDonald's ;membership today?" 3Hotdogs Yesterday #10

TY TY TY Katcat Yesterday #20

No. The Madcap Yesterday #26

It is fast. It used to be cheap. Swede 12 hrs ago #66

I think it's more fundamental than that sab390 Yesterday #8

No doubt. I don't know what happens. MineralMan Yesterday #14

Agree, AI is a tool, not a solution. IzzaNuDay Yesterday #9

Disagree. yowzayowzayowza Yesterday #11

Thanks. I understand the technology, MineralMan Yesterday #17

The dot com bubble didnt kill the internet any more than this one will kill AI. yowzayowzayowza Yesterday #18

It didn't kill, but it screwed up the economy big time for a while. MineralMan Yesterday #23

It's a relatively new technology oldmanlynn 8 hrs ago #84

I so hope you are right! ShazzieB Yesterday #12

I agree with you, but I do it coming from a different angle. slightlv Yesterday #22

I hate AI PCB66 Yesterday #13

'that we will all benefit from'?? notinkansas Yesterday #19

I think all the issues you quoted PCB66 Yesterday #49

No. The world population is not the focus here. notinkansas Yesterday #56

I think humans are learning faster than AI: for example, many of us can now recognize AI fake pics /videos very quickly. C Moon Yesterday #15

Man, I hope your right. My techi relative thinks it's gonna take over the world Joinfortmill Yesterday #16

Well, you have to admit they are trying, for sure. ananda Yesterday #37

Most bubbles burst... that's all. MiHale Yesterday #21

Ed Zitron's done some of the best writing on this flawed, heavily subsidized tech and the bubble it's created. highplainsdem Yesterday #24

The way I see it, AI's most prominent role infullview Yesterday #25

My son in college just shrugs and says it's a tool - TBF Yesterday #27

I think you may overestimate what businesses really think about CSAT Bristlecone Yesterday #28

It will bankrupt the entire country bucolic_frolic Yesterday #29

It will kill a few hundred people before that and have bobalew Yesterday #54

I watched a couple of videos today Racygrandma Yesterday #30

Yes, saw that on FB... buzzycrumbhunger Yesterday #48

No worries about noise. When data centers gobble up all the water and farmers can't irrigate fields Attilatheblond Yesterday #50

I am in KS we are in a drought Racygrandma Yesterday #59

I am in southern part of AZ. And idiot county officials STILL promote data centers Attilatheblond Yesterday #61

Used to live in 'wheat country' in Montana. Drought there too. Attilatheblond Yesterday #62

And in the meantime, deafness has its advantages! Sweet Rosie Red 12 hrs ago #68

You could read the same analysis as this post SCantiGOP Yesterday #31

I also think that AI will end up being a bust LetMyPeopleVote Yesterday #32

I agree with you on that..................... Lovie777 Yesterday #34

That's on them for trying to take shortcuts without due diligence MichMan 10 hrs ago #76

If you are in the market at all, perhaps consider XMAG ETF pat_k Yesterday #33

As I have said elsewhere this looks exactly like the excessive speculation I saw when the internet was ramping up Ford_Prefect Yesterday #35

Exactly. MineralMan Yesterday #53

Thomas Edison new well the potential of new technology even in the face of its opposition. Ol Janx Spirit Yesterday #36

This message was self-deleted by its author Prairie_Seagull Yesterday #38

Nope NoRethugFriends Yesterday #39

Good analysis and explanation. MineralMan Yesterday #42

Thank you. NoRethugFriends Yesterday #58

Perhaps some people do not use AI effectively ThreeNoSeep Yesterday #41

Most people don't use it at all. MineralMan Yesterday #45

Correction ThreeNoSeep Yesterday #51

When people say they do not use AI are wrong. What they mean is that they are being "used" by AI. efhmc 9 hrs ago #81

We fear what we don't understand RoseTrellis Yesterday #43

LOL! MineralMan Yesterday #44

If your 401K has a stock component, you're likely exposed to AI stocks nitpicked Yesterday #46

I think that the real commercial purpose of AI Klarkashton Yesterday #52

I've posted a link to this analysis before .... eppur_se_muova Yesterday #55

Totally agree that baloon is about to pop CanonRay Yesterday #57

Is AI going away? lonely bird 13 hrs ago #63

"Let Grandma Die for the DOW" Ruby the Liberal 12 hrs ago #65

I agree! Sweet Rosie Red 12 hrs ago #67

Like most DU predictions, this one should be taken with a grain of salt. onenote 12 hrs ago #69

OK. That should go without sayiing. MineralMan 11 hrs ago #71

Very bad advice to advocate against the AI trade in the stock market flamingdem 8 hrs ago #87

I think you're 100% correct. Greybnk48 11 hrs ago #70

Wishful ludditic thinking Sympthsical 10 hrs ago #72

LOL! MineralMan 10 hrs ago #73

I did get a chuckle Sympthsical 10 hrs ago #74

Agree Yo_Mama_Been_Loggin 10 hrs ago #75

100% Blue Full Moon 10 hrs ago #77

AI failure in customer service is a feature, not a bug. Bobstandard 9 hrs ago #78

Kevin O'Leary is involved in a number of the proposed large data centres Bev54 9 hrs ago #79

There will always be bad actors who will use AI louis-t 9 hrs ago #80

The Gartner Hype Cycle is undefeated. usonian 9 hrs ago #82

Article from a British tech magazine that you should see: highplainsdem 8 hrs ago #83

Paul Krugman and many others have made the same prediction. Martin68 8 hrs ago #85

Sorry, don't agree flamingdem 8 hrs ago #86

I thnk you are right, esp since it wasn't a real "hit" to start with. In some apps, it might be good, but not for human Exp 8 hrs ago #88

That's with the models they've released publicly. Jedi Guy 8 hrs ago #89

We can only hope. And I hope you are right on this MM! KPN 7 hrs ago #90