Comment by suraci

> a theory that widespread adoption of the existing product will experience an uptick

because profit of this can not cover the investment in this industry

adoption of iphone/smartphone/internet brought new products, including those for reproduction and those for consumption

but generative AI is totally different with iPhone, consumers maybe willing to buy a new ai-powered iphone __just like how they bought new iPhones for every 2years before__

> The current landscape imho should be viewed as an R&D race amongst private actors

in fact, it's a CapEx race, you don't need to R&D anything (ofc you must pretent you do)

that's why it's a con

> The AI Bubble will burst “any day now”

"The canary in the coal mine to look at is when Satya Nadella or Sundar or Zuckerberg say, ‘You know that $80bn of capex I said I was going to do? I think I’m going to cut that by two-thirds.’ That’s what you need to look for."

that's the day