https://www.theguardian.com/us-news/ng-interactive/2026/jan/18/tech-ai-bubble-burst-reverse-centaur

Agree or disagree?

1. A third of the stock market is in the hands of 7 big tech companies.
They are overvalued because they are growth companies. For example, Amazon
has a price to earnings ratio of 36, compared to Target, a mature company
with a P/E ratio of 10. Since companies can't grow exponentially forever,
they will lose 70% of their value once growth slows.

2. These companies are hyping AI to delay this collapse as long as possible
by claiming to replace workers. But we still need human coders to prompt,
test, and review AI generated code. We still need human artists to own the
copyrights of AI generated art. AI doesn't take jobs. It makes people more
productive.

3. After the bubble bursts, we will benefit from the wreckage with open
source models and cheap hardware to run it on.

-- Matt Mahoney, [email protected]

------------------------------------------
Artificial General Intelligence List: AGI
Permalink: 
https://agi.topicbox.com/groups/agi/T57bd75432a0c682d-Mc64eaca22165633f4f314d83
Delivery options: https://agi.topicbox.com/groups/agi/subscription

Reply via email to