4 ms·
The bust of ai will be glorious. I just hope it’s the VCs are the one holding the bag instead of the tax payer or retail investor.
by xyst 2y ago
The bust of ai will be glorious. I just hope it’s the VCs are the one holding the bag instead of the tax payer or retail investor.
- ergocoder 2y agoMost AI companies are not building AGI. LLM already has tons of profitable utilities.
- dns_snek 2y agoHow much of it is actually going to be profitable and/or useful over the long term? 1%, 0.1%, 0.01%? There's definitely going to be a bust. AI hype is far beyond anything crypto has ever seen while the vast majority of it provides very little value.
- ergocoder 2y agoMost companies fail, AI or not. It's also hard to say since the numbers are not public. However, some companies do publish their margin. For example, Interior AI has 99% profit margins: https://twitter.com/levelsio/status/1773443837320380759 https://twitter.com/levelsio/status/1773443837320380759 -- and it is run by one person.