Krauerking@lemy.lol to Technology@lemmy.worldEnglish · 2 months agoStruggling shoe retailer Allbirds makes bizarre pivot from shoes to AI, stock explodes more than 400%www.cnbc.comexternal-linkmessage-square31linkfedilinkarrow-up1104arrow-down14
arrow-up1100arrow-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 · 2 months agomessage-square31linkfedilink
minus-squareKrauerking@lemy.lolOPlinkfedilinkEnglisharrow-up14·edit-22 months 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-up19·2 months agoI guess bullshit is easier to make than shoes.
minus-squarenondescripthandle@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up2·2 months 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-up1·2 months 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.