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You’ll get downvoted for your second statement. I think investors are struggling to see how AI turns into more money for consumers if it. It’s one thing to excl
by goalieca 9mo ago
You’ll get downvoted for your second statement. I think investors are struggling to see how AI turns into more money for consumers if it. It’s one thing to exclaim how your productivity is up, but does that translate into more profit and larger customer base if you’re a business? I very much doubt consumers will pay more than dollars a month for an LLM and I also very much doubt the ad market can grow large enough to cover the spend on that (ad market is plenty big and driven by other economic factors)
- simonw 9mo agoMany people are spending significantly more time every day engaging with AI chatbots than they spend engaging with Google, and Google is one of the most valuable companies in the world.
- falloutx 9mo agoBy that exact logic Tiktok should be the most valuable company on the world, yet its not even in top 10. Attention doesn't automatically generate profit especially since most of these companies are yet to monetize attention. They are still burning billions and the public opinion on this outside of tech bubble is very negative. It wouldn't surprise me if the money on the internet falls to pre-2020 levels in next few years. Subscription pricing model is also becoming increasingly cumbersome for companies and individuals which is another worrying trend.
- goalieca 9mo agoI suppose people don’t realize how much of their day is actually engaging with Google through their trackers, their email, their phones, YouTube, etc.
- sdf2erf 9mo agoYeah.... stick to conversations strictly re. technology pal.