You’re a lot smarter than I am but even I get it but I’ve been in the software industry for 40 years this year. Still working too, I started young, I’m 61 now.
Financially AI feels like August of 1929.
-SB
Probably not. I’m interested that so many that are at least partly on the inside of code and such have so many negatives about AI. I suspect, as with most things, there is some preservation bias in the assessment.
The problem these days is finding a credible, honest and objective assessment of anything in all the maze of opinions that anyone gets to publish.
I doubt all of AI goes broke outright but I think there will be instances of Compaq computers in the number of entrants right now. Picking the ones that are successful will be the challenge for investors. Somebody will survive. Just a few will reap the benefits of the losses of several. Lots of successful ventures have been built on the backs of others who lost everything.