this post was submitted on 11 Jun 2026
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[–] NightTitan@lemmy.world 6 points 9 hours ago (1 children)

But does anyone need ai companies?

[–] Psiczar@aussie.zone 1 points 8 hours ago (1 children)

The fact that the major players are still in business means someone thinks so.

[–] DupaCycki@lemmy.world 5 points 7 hours ago

Are they still 'in business' though? They're burning through money they don't even have at a never before seen rate. Just to make barely useful software that works 20% of the time at best.

I feel like it's the same as saying the banks and real estate companies were 'still in business' in 2008. Naturally, time will tell if it's the same cycle repeating. So far everything seems to be pointing in that direction.