Comment by svnt

I don’t have feelings about the AI industry to put aside. I would not have sufficient information to assess whether thingamajigs are legitimately valuable or whether they are tulips. The only indicator I see is the last point about people using it in the short term despite having access to cost effective alternatives, which actually points to irrationality/FOMO more than legitimate value.

What we are looking at looks to me like it is rapidly becoming a a commodity: it will become as existential as electricity and water to businesses, and it will be sold and marketed and regulated, more or less like a utility.