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Winter is seasonal and localized. There will be a winter but it will not be everywhere. There's a lot of folks building AI companies with no path to useful pr
by segmondy 2y ago
Winter is seasonal and localized. There will be a winter but it will not be everywhere. There's a lot of folks building AI companies with no path to useful product or profit. It's just the next hot things, there's likewise been quite a number of investors that didn't want to miss the train so they hopped into whatever train they could irrespective of the destination. There will be a moment of reckoning.
With that said, generative AI has proved to be very useful and we have absolutely no idea what the limits are, there' a lot to be built and in that manner, things will be good for quite a while. It might be that as the very first useful ideas introduce useful ideas, the companies that are currently lost will gain ideas and pivot their way to usefulness and profit. Or perhaps there will be enough useful companies to drown out the lost ones.
With that said, plenty startups will die and plenty will succeed. It doesn't matter, just figure out a way to contribute positively and be part of those that will survive.