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> Down the line, $100 billion is not out of the question, Ghodsi says—and even that could be a conservative figure. It’s simple math: Enterprise AI is already a

> Down the line, $100 billion is not out of the question, Ghodsi says—and even that could be a conservative figure. It’s simple math: Enterprise AI is already a trillion-dollar market, and it’s certain to grow much larger. If the category leader grabs just 10% of the market, Ghodsi says, that’s revenues of “many, many hundred billions.” Um... isn't that the same fallacy they trotted out before the dot-com bubble of 2001? [1][2] 1. https://www.inc.com/erik-sherman/the-1-percent-fallacy-that-trips-many-entrepreneurs.html https://www.inc.com/erik-sherman/the-1-percent-fallacy-that-... 2. https://www.linkedin.com/pulse/why-1-10-billion-100-million-chee-kai-chin https://www.linkedin.com/pulse/why-1-10-billion-100-million-...

adventured 4y ago
Naturally. They're trying to keep a deflating tire inflated. It's one of the worst con sales pitches you can ever see as an investor.
- mikestew 4y ago
  Upvote for the metaphor. Because how do you keep a deflating tire inflated? Pump, and pump, and pump some more. (Apologies if I'm overstating what might be obvious to everyone else.)
- toomanyrichies 4y ago
  I mean I know people have a short memory span, I guess I'm just surprised it's this short. I would have thought that most folks with even a cursory knowledge of Silicon Valley history know about the 1% fallacy. I'm not even a founder, and even I know what it refers to. This quote should have been a giant red flag for Kenrick Cai and Forbes. It should have single-handedly changed the angle of the story from puff piece to investigative. To see them both uncritically regurgitating something so thoroughly disproven is another depressing nail in the coffin of modern-day journalism.
AnimalMuppet 4y ago
> Enterprise AI is already a trillion-dollar market... It is? Source? Evidence? > ... and it’s certain to grow much larger. Same questions, with at least as much skepticism.
- oxfordmale 4y ago
  Databricks unique selling point is a scalable data lake. The AI functionality is obviously used as well, however, its real use case is inflated by a lot of hot air.

adventured 4y ago

Naturally. They're trying to keep a deflating tire inflated. It's one of the worst con sales pitches you can ever see as an investor.

mikestew 4y ago
Upvote for the metaphor. Because how do you keep a deflating tire inflated? Pump, and pump, and pump some more. (Apologies if I'm overstating what might be obvious to everyone else.)
toomanyrichies 4y ago
I mean I know people have a short memory span, I guess I'm just surprised it's this short. I would have thought that most folks with even a cursory knowledge of Silicon Valley history know about the 1% fallacy. I'm not even a founder, and even I know what it refers to. This quote should have been a giant red flag for Kenrick Cai and Forbes. It should have single-handedly changed the angle of the story from puff piece to investigative. To see them both uncritically regurgitating something so thoroughly disproven is another depressing nail in the coffin of modern-day journalism.

AnimalMuppet 4y ago

> Enterprise AI is already a trillion-dollar market... It is? Source? Evidence? > ... and it’s certain to grow much larger. Same questions, with at least as much skepticism.

oxfordmale 4y ago
Databricks unique selling point is a scalable data lake. The AI functionality is obviously used as well, however, its real use case is inflated by a lot of hot air.