Comment by GianFabien

>In each of the three companies that survived, it was the founders, not hired CEOs that drove the transition.

This is how VCs destroy businesses by bring in adult supervision. CEOs are not incentivized to play the long game.

The difference between the mobility & transportation industry, whether it by carriage and horse, or motor car, was that it was in demand by 99% of the population. AI, on the other hand, is only demanded by say 5%-10% of the population. How many people truly want an AI fridge or dishwasher? They just want fresh food and clean dishes.