I'm honestly clueless about reasoning behind bigtech investment into AI. For me it's all just look like another seasonal fad like we had many of during last two decades. Everyone invests into AI because of FOMO.
I know the tech itself is real and people do use it. And it will certainly change the world. Yet I doubt even fraction of money burnt on it will ever be recuperated because race to the bottom.
But yeah - I'm just random tech guy who has not built a big successful company and honestly have very little clue how to make money this way.
> I'm just random tech guy who has not built a big successful company and honestly have very little clue how to make money this way.
Hey, me too :)
I’ve been at this for a couple of decades, though, and from what I’ve seen the key to building a “successful” company is to ride the wave of popular interest to get funding, build an effective team, and then (and only then) try to find a way to make it profitable enough to exit.
I do think “AI” (really, LLMs, and GPTs in particular) are going to have a transformative impact on a scale and at a rate we’ve never seen before - I just have zero confidence that I can accurately predict what it’s going to look like when the dust settles.
I know the tech itself is real and people do use it. And it will certainly change the world. Yet I doubt even fraction of money burnt on it will ever be recuperated because race to the bottom.
But yeah - I'm just random tech guy who has not built a big successful company and honestly have very little clue how to make money this way.