Krauerking@lemy.lol to Technology@lemmy.worldEnglish · 4 days agoStruggling shoe retailer Allbirds makes bizarre pivot from shoes to AI, stock explodes more than 400%www.cnbc.comexternal-linkmessage-square31linkfedilinkarrow-up1103arrow-down15
arrow-up198arrow-down1external-linkStruggling shoe retailer Allbirds makes bizarre pivot from shoes to AI, stock explodes more than 400%www.cnbc.comKrauerking@lemy.lol to Technology@lemmy.worldEnglish · 4 days agomessage-square31linkfedilink
minus-squareKrauerking@lemy.lolOPlinkfedilinkEnglisharrow-up14·edit-24 days agoTouché, but I counter with much being converting a shoe company to a consumer based AI sales company. As in: well that’s a bit much.
minus-squarefloofloof@lemmy.calinkfedilinkEnglisharrow-up19·4 days agoI guess bullshit is easier to make than shoes.
minus-squarenondescripthandle@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up2·3 days agoEasier to sell too. Investors are dumb, they’d prefer a pretty lie than an uncomfortable truth. Give them the pretty lie and they’ll throw money at you.
minus-squareGalacticSushi@piefed.blahaj.zonelinkfedilinkEnglisharrow-up2·4 days agoIt converted to a company that sells buzzwords to investors as far as I can tell.
Touché, but I counter with much being converting a shoe company to a consumer based AI sales company.
As in: well that’s a bit much.
I guess bullshit is easier to make than shoes.
Easier to sell too. Investors are dumb, they’d prefer a pretty lie than an uncomfortable truth. Give them the pretty lie and they’ll throw money at you.
It converted to a company that sells buzzwords to investors as far as I can tell.