🎈Remember the dot-com bubble? It's coming again.

Is the AI Investment Boom a Bubble in the Making?

Investing in AI companies could end badly, just like the dot-com bubble did.

Remember the dot-com bubble? When everyone was obsessed with the internet and invested in companies that had dot-com in their name? Some of them made it big, like Amazon. Others went bust.

Now, AI is the new dot-com. Tech funds are getting billions of dollars. Nvidia, a chipmaker that powers AI, is worth a trillion dollars. But is it too good to be true?

Companies that mention AI in their earnings are getting a boost in their share price, even if they don’t have much to show for it. This is risky and unsustainable.

So, if you’re thinking about investing in AI, it might be wise to proceed with caution.

Rapid Rundown

• 📉 AI hype could lead to a market crash like the dot-com bubble.

• 🧐 Be cautious when investing in AI; mentioning AI alone shouldn't inflate share prices.

Reddit CEO confident that user revolt will blow over soon

You’d think Reddit’s CEO would be worried about losing millions of users and potential revenue, right? Well, not really.

He sent a memo to his employees telling them not to panic and to avoid wearing Reddit gear in public, just in case some angry Redditors spot them and give them a hard time. He also said the protest is just “a lot of noise” and it will blow over soon.

He’s not backing down from his decision, either. He also vowed to keep “moving forward” with the API changes that sparked the user revolt.

Rapid Rundown

• 📝 Reddit CEO sent a memo to employees telling them not to panic and avoid wearing Reddit gear in public.

• 🚶‍♂️He vowed to keep moving forward with the API changes that sparked the user revolt.

TikTok Unveils New Feature: Shop with Your Camera

TikTok is already the go-to place for Gen Z to search for restaurants, tips, and trends.

In fact, one of Google’s own studies found that around 40% of 18 to 24-year-olds go to TikTok or Instagram instead of Google Search or Maps when looking for a place for lunch.

Now, TikTok is testing a new visual search tool within its shopping feature that could dial up the pressure on search-giant Google. The tool will allow users to take a photo and use it to search for inventory within TikTok’s shop tab. This could be a game-changer for the way people shop online.

Google is trying to keep up by adding more images and videos to its search results. But will it be enough to keep up with the TikTok generation?

In the meantime, if you’re looking for a place to eat, maybe try checking TikTok instead of Google. Who knows, you might find your new favorite restaurant.

Rapid Rundown

• 🛍️ TikTok is testing a new visual search tool within its shopping feature

• 🔍 Google is trying to keep up by adding more images and videos to its search results.

⚡ 3 tools to supercharge your productivity