1999 was triggered by fraud, there was far more demand on paper for high bandwidth applications than was justified for all the fiber layout and over-investment in Internet technologies.

The difference today is that every piece of capitalism immediately 100% utilized once it is plugged in.

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ModernMech 3 days ago | parent | next [-]

Announcing to the world "AGI has been achieved internally" when that's not true seems like fraud to me.

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fzzzy 3 days ago | parent [-]

Who did that?

	▲	bigtunacan 2 days ago \| parent \| next [-]
		Sam Altman made a post on Reddit in 2023 implying OpenAI had achieved AGI internally. Later he “clarified” it was a joke, however there was some speculation that he didn’t understand what AGI actually meant at the time.
	▲	postflopclarity 3 days ago \| parent \| prev [-]
		Altman made this claim.

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woeirua 3 days ago | parent | prev [-]

Tell me you don't understand why the dot com crash happened without telling me you don't understand why the dot com crash happened.

	▲	ac29 3 days ago \| parent [-]
		Calling the whole bubble fraud is wrong, but Enron, Worldcom and Microstrategy all blew up due to fraud in the 2000-2001 time frame.