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I find it hard to believe that serious investors thought that vertical progress in ai had peaked, and it would be only horizontal expansion from now on. We know
by seydor 2y ago
I find it hard to believe that serious investors thought that vertical progress in ai had peaked, and it would be only horizontal expansion from now on. We know that it takes decades for this to happen in every industry.
It seems more like , investors were looking for a significant event to pop the obvious bubble if the last year
- Terretta 2y agoWhich investors, specifically, were looking for a significant event to pop the obvious bubble? Investors who were actually invested, or onlookers with FOMO who hadn't invested yet? While I think the "AI" companies invested in are overpriced*, I think the market as a whole hasn't even begun to price in the changes in store across non-tech sectors and industries even if LLMs were to advance no further than now, with all additional progress at the prompting and agentic levels. * Even here, Jevons paradox applies. So what's being called "priced for perfection" may actually be priced for business as usual with multiplied demand.