alt.hn

4/20/2026 at 3:13:00 PM

Allbirds' Move to AI Has Echoes of the Dot-Com Frenzy

 https://www.bloomberg.com/news/newsletters/2026-04-20/allbirds-pivot-to-ai-stirs-memory-of-dot-com-boom-and-bust

by Brajeshwar

4/20/2026 at 4:40:56 PM

Echoes of? It's screaming it through a loudspeaker that has a flashing neon light attached.

by cdrnsf

4/20/2026 at 5:27:13 PM

Yeah, when I first read about this I did a double take and wondered if this was something from April Fools. Looks like a some kind of stock manipulation to me.

by vondur

4/20/2026 at 8:02:45 PM

loudspeakers echo too just saying

by stringfood

4/20/2026 at 8:01:13 PM

This is just a regular pump-and-dump scam using the stock market listing of a defunct company. The Wall Street Millennial channel put out a good video if you want details.

https://youtu.be/GXce34Va_Xs

by nradov

4/20/2026 at 6:23:36 PM

Did they actually move to AI or did they sell off all their assets and get taken over by an AI company who wants to skip the IPO process? Because I’m petty sure it’s the latter

by guywithahat

4/20/2026 at 8:03:08 PM

The original announcement said they were "seeking" to go into AI

by stringfood

4/21/2026 at 1:36:01 AM

There is no AI company.

by tadfisher

4/20/2026 at 9:02:13 PM

[dead]

by johnwhitman