this post was submitted on 26 Dec 2025
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[–] kescusay@lemmy.world 35 points 1 day ago* (last edited 1 day ago) (7 children)

I wonder what it's like being an investor in one of these companies. You're watching them shovel mountains of money into the AI furnace, with literally no profit to show for it, but the stock keeps going up. What's your "get out before the whole thing collapses" number? I mean, there must be some voice at the back of your mind going, "This is unsustainable."

Tech bros and their sycophants have started saying things like "the old rules don't apply anymore." That also happened in 2007-2008. That also happened just before the dotcom bubble burst. That happens before every pie-in-the-sky idea that takes over the economy but has no actual plan for profitability finally burns out.

So what's your get-out number, investor guys?

[–] Voroxpete@sh.itjust.works 3 points 1 day ago* (last edited 1 day ago) (2 children)

The AI investor pitch is one of existential risk. "This industry will eventually erase every other. Every investment you have will be made worthless by this one technology."

The way the average investor sees it, when you have a pitch like that, it becomes irrational not to invest. If you're even 10% sure they're right, you have to hedge.

[–] kescusay@lemmy.world 7 points 1 day ago

Unless you know your history and recognize that every single time one of these fantasies takes over the economy, the failure to actually, y'know, be a profitable business ultimately dooms it.

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