Fuck AI

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A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

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What is the best way to bet against AI on the stock market? (lemmy.world)

submitted 1 week ago by source_of_truth@lemmy.world to c/fuck_ai@lemmy.world

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Basically the title. I don't know when it will happen, but AI is a bubble that has to pop when people realize that the singularity is not possible with generative AI, and the minimal usefulness doesn't warrant trillion dollar investments.

What are the options to bet against AI hype without betting against actual useful technologies?

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[–] lettruthout@lemmy.world 1 points 1 week ago (1 children)

I’d look back at what stocks did well during the dot-com crash. Did any?

[–] Lost_My_Mind@lemmy.world 3 points 1 week ago (1 children)

I mean.....yahoo still exists. I think surviving is a pretty key element to doing well.

[–] Ulrich@feddit.org 1 points 1 week ago

Surviving is not the same thing as doing well. These companies can lose 50% of their value and still survive.