#railwaymania — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #railwaymania, aggregated by home.social.
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https://www.reuters.com/breakingviews/victorian-rail-mania-has-lessons-ai-investors-2024-07-12/
I don't know enough about AI to decide if the Victorian rail mania analogy holds or not.
What's worrying is that I suspect that many of those talking up AI are not that much better equipped than I am to make an informed assessment .
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@cstross @michael_w_busch
That's like saying the British railway mania left behind a transport backbone that has since served the public good unlike the Dutch tulip bubble, yet it was the former that bankrupted and destroyed the lives of many more people when the bubble inevitably burst
https://youtu.be/D8d6cffG5kk
#TulipMania #RailwayMania #Bubble #BoomBust -
@TimHarford Thank you, especially for the two papers by #AndrewOdlyzko - such good reading!
#TulipMania #RailwayMania #MarketManias #stockmarket #investment #bubbles