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Current AI valuations are delusional, which sort of makes sense since so is the technology and everyone hyping it to hell and back.
by codr7 2y ago
Current AI valuations are delusional, which sort of makes sense since so is the technology and everyone hyping it to hell and back.
- DrScientist 2y agoA lot of the value of ChatGPT is built on the value of the information on the internet - what ChatGPT provides is a convenient way to access that in summary form. Look at the size of company that Google built off that same value ( via search rather than summarisation ). Google annual revenues are in the region of 350 billion - most of that derived, in one way or another, from people wanting to access information/entertainment on the internet.
- tim333 2y agoValuations are based on what you think the companies will do over a decade or two into the future. AI will almost certainly be a big deal over that time period.
- codr7 2y agoOr it will crash and burn once everyone accepts its limitations, the jury is still out.