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Comment by NumberCruncher

10 hours ago

Making an industrial fortune is relative. It might just mean that jumping on the AI hype helps you preserve your fortune or position in the industry, while everyone else who misses the hype goes out of business.

I remember back in 2004, my first project was testing a teleconferencing system. We set up a huge screen with cameras at one of our subsidiaries and another at the HQ, and I had a phone on my desk with a built-in camera and screen. Did the company roll out the system? No, it didn’t. It was just too expensive. Did they make a fortune from that experience? No, they didn’t. But I’m pretty sure all companies in the knowledge industry that didn’t enable video calls and screen sharing for their employees went out of business years ago...