The more I learn about AI the more I feel like it’s another dot-com bubble.
LLMs and generative AI are such multifaceted systems that saying “this is for AI” is like saying “this is for the WWW”
Databases, interfaces, storage, networking. All are used in AI but if you just say you make a database and not and “AI database” you’ll lose out on investors.
It’s a bit like the gold rush in that everyone is so fixated on the gold that they don’t see the real economic boom is selling the shovels and building the trains.
Investors include Intel (Pat Gelsinger, net worth ~82m), Dell (Michael Dell, ~112b), and SoftBank (Masayoshi Son, ~29b). Probably others, but I’m on my phone so getting this info is awkward.
Well there’s your problem.
The AI advertising is just a symptom of the underlying issue; VC funding.
The more I learn about AI the more I feel like it’s another dot-com bubble.
LLMs and generative AI are such multifaceted systems that saying “this is for AI” is like saying “this is for the WWW”
Databases, interfaces, storage, networking. All are used in AI but if you just say you make a database and not and “AI database” you’ll lose out on investors.
It’s a bit like the gold rush in that everyone is so fixated on the gold that they don’t see the real economic boom is selling the shovels and building the trains.
People have been using AI tech for decades. It’s just marketing terms come and go.
Well there’s your other problem.
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Next, you’re going tell me a billionaire’s involved somehow!
Looks like it’s Michael Dell and Masayoshi Son.
Investors include Intel (Pat Gelsinger, net worth ~82m), Dell (Michael Dell, ~112b), and SoftBank (Masayoshi Son, ~29b). Probably others, but I’m on my phone so getting this info is awkward.
VC?
Venture capital