n7gifmdn@lemmy.ca to Technology@lemmy.worldEnglish · 2 days agoEveryday AI looks more like the '08 housing bubblelemmy.caimagemessage-square277fedilinkarrow-up11.18Karrow-down123
arrow-up11.16Karrow-down1imageEveryday AI looks more like the '08 housing bubblelemmy.can7gifmdn@lemmy.ca to Technology@lemmy.worldEnglish · 2 days agomessage-square277fedilink
minus-squareThirdConsul@lemmy.mllinkfedilinkEnglisharrow-up3·4 hours agoThere are always bad actors in the system (see: hedge funds). But bubble? It can be argued that Ordos (the ghost city) was build too early, but it’s filling in nicely. From 30k in 2009 to 2.000.000+ in 2020. https://en.wikipedia.org/wiki/Ordos_City On the other hand noone ever build a damn whole modern city before for the people, so I’m not surprised they jumped the gun.
There are always bad actors in the system (see: hedge funds). But bubble? It can be argued that Ordos (the ghost city) was build too early, but it’s filling in nicely. From 30k in 2009 to 2.000.000+ in 2020.
https://en.wikipedia.org/wiki/Ordos_City
On the other hand noone ever build a damn whole modern city before for the people, so I’m not surprised they jumped the gun.