• BreakingBigfoot@lemmus.org
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    9 hours ago

    When it comes to stock prices and value, I see the same kind of hype marketing surrounding it, not much happening in reality… Just a whopping 80 billion loss in only 6 months? It’s just freaking insane, and CoreWeave being downgraded & losing 54% in 12 months is the sort of thing I would expect from the crypto market, not mainstream big tech companies… The only real “mainstream application” I’ve witnessed thus far is an influx of low-skill hackers pulling off things they couldn’t have done otherwise, and more fake social media accounts than ever before… some things Robots, taxis, and trucks to replace workers, and creepy unwarranted surveillance systems nobody voted on to pay for. I’m sceptical that mainstream businesses implementing these applications will be reporting enough substantial revenue growth to offset their running costs in the end. That only leaves protein folding in medicine to “cure disease”, as if that will ever happen lol!