Comment by rchaud

2 years ago

> Is there a more legitimate argument for why they're similar other than "hype" or am I missing something?

The tech industry runs on hype, so much so that analysts are told to evaluate them separately. Growth now, profit later, here's $2bn from Softbank, yada yada yada.

Companies like Theranos specifically positioned themselves as 'tech' so as to escape press scrutiny, particularly in sensitive industries like healthcare.

Emperors with no clothes can get very far; see Brian Armstrong and SBF (pre-collapse, but still not in jail). Can you imagine how far a well-funded AI hustler could get?