Comment by simianwords
2 hours ago
I think a lot of people are secretly wishing for AI to be like the crypto grift but are in for a rude shock when it is definitely not going to end up like that. We will see more and more companies become AI driven and produce AI products.
To think otherwise is naive.
No doubt we will see more companies. Will they be able to actually make enough profit to justify their valuations? That remains to be seen.
Its part of the process - some will live and some will not. But larger parts of the economy are going to be AI weighted and it will only keep increasing.
We will see more and more companies become genuinely AI driven and produce products which are actually AI. We'll also see a boom and bust cycle in companies which put an AI label on things which are not AI in any meaningful sense, and companies which build up beyond any plausible value estimate because investors desperately want anything they can call "early stage AI" in their portfolios.
I mean, frankly, no one really gets hurt by starting to use the technology only once it is in its well tested phase and known. The situations where you need to be early adopter are quite rare.
All those threats of "maximize token spend or else something unspecified horrible happens to you in the future" are super weird.