Of course AI is a bubble. It has all the hallmarks of a classic tech bubble. Pick up a rental car at SFO and drive in either direction on the 101 – north to San Francisco, south to Palo Alto – and …
This bubble is quite bubbly. There is an AI company for anything and everything now. The market is almost fully saturated with “AI” everything.
Just like the web bubble, all of the intsta-AI shops need to fail so the real tech can grow. AI is never going to go away, but most of the scam companies will fail in due time.
We might have one big consolidation, or several. The hype will die and the quick money will disappear. It’s the same story, every time. One the magic AI box stops shitting out dollar bills, we should be good.
This bubble is quite bubbly. There is an AI company for anything and everything now. The market is almost fully saturated with “AI” everything.
Just like the web bubble, all of the intsta-AI shops need to fail so the real tech can grow. AI is never going to go away, but most of the scam companies will fail in due time.
We might have one big consolidation, or several. The hype will die and the quick money will disappear. It’s the same story, every time. One the magic AI box stops shitting out dollar bills, we should be good.