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Boosted by pluralistic@mamot.fr ("Cory Doctorow"):
ada_ada_ada@helvede.net ("Ada Ada Ada") wrote:
The AI market crash will affect millions, if not billions, of people across the globe through our pension funds and other investments. @pluralistic briefly outlines here what went down after the dotcom bubble burst:
"The bubble was terrible. VCs and scammers scooped up billions from pension funds and other institutional investors and wasted it on obviously doomed startups."