2 ms·
I would say you are partially right. The number of people jumping on the AI bandwagon, hoping to get rich quick is incredible. In that, it resembles crypto, esp
by irvingprime 3y ago
I would say you are partially right. The number of people jumping on the AI bandwagon, hoping to get rich quick is incredible. In that, it resembles crypto, especially the NFT hype of a surprisingly short time ago.
Many of these companies exist solely to soak up VC money. They will take as much of the money as they can and then fail massively because they have no actual plan or no expertise with which to execute one. It might not qualify as fraud - or it might. I don't know.
So there will be a serious "adjustment" one of these days. Until then, keep your head on straight and be VERY careful.