Karna@lemmy.ml to World News@lemmy.worldEnglish · 3 days agoAI sell-off intensifies as investors ditch chip stockswww.theguardian.comexternal-linkmessage-square9linkfedilinkarrow-up1149arrow-down10
arrow-up1149arrow-down1external-linkAI sell-off intensifies as investors ditch chip stockswww.theguardian.comKarna@lemmy.ml to World News@lemmy.worldEnglish · 3 days agomessage-square9linkfedilink
minus-squareplz1@sh.itjust.workslinkfedilinkEnglisharrow-up20arrow-down1·3 days agoThe only thing separating this from being a Ponzi scheme is that there is a product, and it does have value. It’s overblown for sure, but it’s not a pure Ponzi scheme.
minus-squarethanksforreading@lemmy.mllinkfedilinkEnglisharrow-up4·3 days agoThe product doesn’t deliver on it’s promise though. It’s going to crash and burn real hard and we will be left holding the bag as usual.
minus-squareSasquatch@lemmy.mllinkfedilinkEnglisharrow-up1arrow-down3·3 days agoIsn’t the lack of product the primary criteria for defining a ponzi scheme?
The only thing separating this from being a Ponzi scheme is that there is a product, and it does have value. It’s overblown for sure, but it’s not a pure Ponzi scheme.
The product doesn’t deliver on it’s promise though. It’s going to crash and burn real hard and we will be left holding the bag as usual.
Isn’t the lack of product the primary criteria for defining a ponzi scheme?