The AI bubble feels similar to the Dot.com bubble. The pattern is the same, right? There's some tech, a hype wave that people try to surf (if you paddle fast enough, you can start something and cash out in time), and when the water recedes before the next wave people/organizations either rode the wave cashed out and walked off the beach to their next thing, didn't make the wave and will try next time, or got pounded and their board broken. Or they ripped a great line, did a backflip like Medina, threw their hands in the air, and paddled back out to catch the next wave.
But you don't always know what the wave is going to look like when it's building. You just know there's a wave, and either you get on it or you don't. The connectivity of the web was obvious, the monetization wasn't super obvious (remember K-Tel anybody?). The power of modern AI is obvious, the monetization and final form of the tech isn't. I mean, using natural language is cool and all, and I think there is a lot of value in using models to help/assist engineering and other work, but I think it's too soon to say what the end game is.
But you don't always know what the wave is going to look like when it's building. You just know there's a wave, and either you get on it or you don't. The connectivity of the web was obvious, the monetization wasn't super obvious (remember K-Tel anybody?). The power of modern AI is obvious, the monetization and final form of the tech isn't. I mean, using natural language is cool and all, and I think there is a lot of value in using models to help/assist engineering and other work, but I think it's too soon to say what the end game is.