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
