Allbirds - the shoe company - are pivoting to AI.
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Allbirds - the shoe company - are pivoting to AI.
And history will identify this as the high watermark of the first AI era.
The bubble is going to pop.

@Daojoan that's... incredible
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Allbirds - the shoe company - are pivoting to AI.
And history will identify this as the high watermark of the first AI era.
The bubble is going to pop.

Presumably they were on the verge of insolvency and needed a Hail Mary.
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Allbirds - the shoe company - are pivoting to AI.
And history will identify this as the high watermark of the first AI era.
The bubble is going to pop.

@Daojoan there is good precedent
Iced tea company rebrands as “Long Blockchain” and stock price triples
Blockchain technologies are creating a fundamental paradigm shift," company says.
Ars Technica (arstechnica.com)
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Allbirds - the shoe company - are pivoting to AI.
And history will identify this as the high watermark of the first AI era.
The bubble is going to pop.
@Daojoan@mastodon.social That is, as if Vodafone changed its name to D2 Mannesmann. -
Allbirds - the shoe company - are pivoting to AI.
And history will identify this as the high watermark of the first AI era.
The bubble is going to pop.

@Daojoan I think I'm going to be sick...
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@Daojoan there is good precedent
Iced tea company rebrands as “Long Blockchain” and stock price triples
Blockchain technologies are creating a fundamental paradigm shift," company says.
Ars Technica (arstechnica.com)
@hashraydamon @Daojoan This precedent bodes well since it means the bubble is getting closer to pop.
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Allbirds - the shoe company - are pivoting to AI.
And history will identify this as the high watermark of the first AI era.
The bubble is going to pop.

@Daojoan On the one hand, I can’t imagine how the meetings that lead to that decision went. On the other hand, it would require very sensitive instruments to measure how much I actually care.
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Allbirds - the shoe company - are pivoting to AI.
And history will identify this as the high watermark of the first AI era.
The bubble is going to pop.

@Daojoan I remember in the early 90s when the first search engines went public with absolutely no revenue model. Stock went crazy. Suddenly every company had to have "com" in their name.
...filed for bankruptcy in 2001
...acquired by Ask Jeeves
https://en.wikipedia.org/wiki/Excite_(web_portal) -
System shared this topic
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Allbirds - the shoe company - are pivoting to AI.
And history will identify this as the high watermark of the first AI era.
The bubble is going to pop.

@Daojoan It just might be a bubble..."
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Allbirds - the shoe company - are pivoting to AI.
And history will identify this as the high watermark of the first AI era.
The bubble is going to pop.

@Daojoan every company realizes speculation worth more than entire business. analysts say economy will increase ten billion percent
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R relay@relay.mycrowd.ca shared this topic