• paultimate14@lemmy.world
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    12 hours ago

    Kind of gross how this article seems to be trying at every turn to say, “no ai is actually good! It helped us catch the bad businessmen that happen to be in the AI industry!” By focusing on a tiny trading period on November 20th.

    Because I remember casually watching Hank Green talk about this same thing more than a month earlier.

    Hank Green isn’t a finance bro or an AI guy or even really a tech guy. He’s just a guy reacting to things that are trending, and I remember I had seen the main graphic he was talking about floating around the internet for a while before I watched the video. People have been calling AI a “bubble” for much longer.

    I am old enough to remember the report that 95% of generative AI companies failed to see returns from using it. That was back in August.

    I don’t like giving credit to “trading algorithms” for things that humans figured out a long time ago.

    • StrongHorseWeakNeigh@piefed.social
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      7 hours ago

      I feel like you’re kinda underselling Hank Green a bit. I mean he is the CEO of like a million companies. But it’s fair to say he doesn’t have a finance background at the very least.