I remember talking to a Sony rep who told me 3D TV had to succeed because they’ve invested so much money in it, it’s impossible for it to fail.
Lol
Not a hardware domain, but the same could be said for NFTs or “web 3.0”. With the caveat that 3D TV isn’t a scam.
Admitting you where wrong is a skill people tend to loose when they go higer up the tree. Ain’t gonna happen if they can’t put the blame on someone else. Investment decission is totally on them!!
Their main skill is figuring out who to blame for things that go wrong.
It’s not a bubble, it’s so big it’s something entirely new that requires a new name. Maybe it will be called the AI Mushroom cloud nuclear event? The event that obliterated the economy entirely. 😱
And luckily we learned from 2008 that the speculations by idiots need to be separated from the economy where adults are working not to crash everything.
I wish.
Supply side economics!
