alt Hacker NewsSo I guess it’s not a bubble then since these companies are raking in the big revenues? Or maybe they are counting all those circular investments as revenues somehow?
Replies
airstrike • yesterday at 2:48 PM
Revenue isn't profit, and the presence or absence of either, separately or jointly, isn't sufficient to determine there is a bubble.
You can make a lot of money but still be in a bubble if speculation is significantly higher than (actual or potential) revenue.
I think that's most people's assumption. It's not that AI is worthless, but that it's significantly less valuable than investors are betting on.