4 ms·

AI is not a bubble. Anymore than iphone / the internet was a bubble.

by romeros 2y ago

Grimblewald 2y ago
and yet there was a dotcom bubble.
joezydeco 2y ago
So where's the revenue?
- consumer451 2y ago
  At companies with a business plan like Midjourney, which has 200M in revenue, 40 employees, and no investors.
  - xarope 2y ago
    MS is pushing hard with copilot for $30/user/month (annual commitment... I see they've learned from Adobe, sigh).
- aurareturn 2y ago
  OpenAI, Microsoft, Google, and other companies who have existing products and added AI, such as Notion and Adobe.
brailsafe 2y ago
> Anymore than iphone / the internet was a bubble. By that do you mean they're technology platforms that outlive their obvious peak hype investment dice rolls?
kromem 2y ago
As a broad advancement that's true, but on individual companies there's going to be a ton that don't make it (which is the case for all companies, but for AI there's a significant number of new ones to fail within the next 10 years).
eek2121 2y ago
You have no way of knowing that. Remember, the parent poster is referring to the current ridiculous hype + push of current AI. Current AI models were trained on copyrighted material. Lawsuits are taking place. Many different members of the US government have indicated that just because AI is new and fancy, does not mean companies get to violate established law, including copyright. The head of the FTC was the most recent person to state this. OpenAI could very likely be sued out of existence. When that happens, all who invested in them could lose billions. The US government very likely won't intervene because there are multiple lessons to be learned from this. Courts are there to enforce the law, regardless of how "amazing" a technology may appear.
- eek2121 2y ago
  To add something I forgot to say, yes, AI as a concept is here to stay. The current hype surrounding existing companies will not, however.
Legend2440 2y ago
The internet was a bubble too. Remember the dot com era? Just because the tech is legit doesn’t mean it can’t have a bubble.
RamblingCTO 2y ago
Do you know what a bubble is?
Nullabillity 2y ago
Then where's the use case?
selfmodruntime 2y ago
Except that they're not talking technology, they're talking economics. It may be significantly to earn a profit on selling an iPhone than selling continued AI access at a reasonable price.

AI is not a bubble. Anymore than iphone / the internet was a bubble.

Grimblewald 2y ago

and yet there was a dotcom bubble.

joezydeco 2y ago

So where's the revenue?

consumer451 2y ago
At companies with a business plan like Midjourney, which has 200M in revenue, 40 employees, and no investors.
- xarope 2y ago
  MS is pushing hard with copilot for $30/user/month (annual commitment... I see they've learned from Adobe, sigh).
aurareturn 2y ago
OpenAI, Microsoft, Google, and other companies who have existing products and added AI, such as Notion and Adobe.

brailsafe 2y ago

> Anymore than iphone / the internet was a bubble. By that do you mean they're technology platforms that outlive their obvious peak hype investment dice rolls?

kromem 2y ago

As a broad advancement that's true, but on individual companies there's going to be a ton that don't make it (which is the case for all companies, but for AI there's a significant number of new ones to fail within the next 10 years).

eek2121 2y ago

You have no way of knowing that. Remember, the parent poster is referring to the current ridiculous hype + push of current AI. Current AI models were trained on copyrighted material. Lawsuits are taking place. Many different members of the US government have indicated that just because AI is new and fancy, does not mean companies get to violate established law, including copyright. The head of the FTC was the most recent person to state this. OpenAI could very likely be sued out of existence. When that happens, all who invested in them could lose billions. The US government very likely won't intervene because there are multiple lessons to be learned from this. Courts are there to enforce the law, regardless of how "amazing" a technology may appear.

eek2121 2y ago
To add something I forgot to say, yes, AI as a concept is here to stay. The current hype surrounding existing companies will not, however.

Legend2440 2y ago

The internet was a bubble too. Remember the dot com era? Just because the tech is legit doesn’t mean it can’t have a bubble.

RamblingCTO 2y ago

Do you know what a bubble is?

Nullabillity 2y ago

Then where's the use case?

selfmodruntime 2y ago

Except that they're not talking technology, they're talking economics. It may be significantly to earn a profit on selling an iPhone than selling continued AI access at a reasonable price.