[Meme] Dismantling .io (Stick a Fork, the Hype is Done)
To repeat what I wrote elsewhere this week: "GenAI is a bubble and is thus doomed. It's old stuff hyped up to con investors. The market is grossly overvalued (fake Wall Street valuation) and the main "product" is "stocks" or "shares", e.g. eating up people's pension funds and tying to them to the value of companies grossly overvalued. INTC/Intel anyone? It's not the first to fall back down to Earth. The debt keeps soaring; that's where many salaries come from: DEBT, not value."
NVIDIA is an excellent new example of hype driving up fictional "value". █