11–20 of 49 posts
Snowflake bought streanlit (a bad python UI/UX) for 800 million in 2022. I still have not seen a single deal even close to that bad post 2023, and especially post interest rate hikes.
https://datafortune.com/snowflake-acquires-streamlit-for-usd...
Actually investing in AI is smart and will deliver unfathomable ROI. AI bears deserve to reap what they (don’t) sow.
They are too far in to turn back. They got into AI via fear of missing out (FOMO) and now they are too heavily invested to write it off on their balance sheet. To revert now would cause nothing but trouble.
> Less than half of current AI projects had generated more in returns than they had cost, respondents said. They reported the most success using AI in marketing and customer service and challenges using it in higher-risk areas such as security, legal and human resources.
I.e., the best success has been in cutting jobs, not in aiding the productivity of individuals.
The “AI is in a bubble crowd” still has no answer to “why didn’t the tech bubble pop in 2022?” Snowflake bought streanlit (a bad python UI/UX) for 800 million in 2022. I still have not seen a single deal even close to that bad post 2023, and especially post interest rate hikes. https://datafortune.com/snowflake-acquires-streamlit-for-usd... Actually investing in AI is smart and will deliver unfathomable ROI. AI bears…
Are these things related? Why is the tech bubble popping in 2022 a necessary condition for current AI hype being a bubble?
That said, the B2C AI market is a joke compared to the B2B market. Consumer AI use is an undeterminable black hole of money. All the bubble talk does make sense in context of normal-ass people using ChatGPT on their phones all day. Advertising is the only possible application for this market and it's already incredibly saturated.
Earlier quoted context omitted.
Most CEOs do what the board wants. And the board usually reflects shareholder primacy.
I'm pretty sure shareholders are not too keen on spotty returns...
> After a year in which trillions of dollars worth of AI investments buoyed global markets and the economy, 68% of CEOs plan to spend even more on AI in 2026 They are too far in to turn back. They got into AI via fear of missing out (FOMO) and now they are too heavily invested to write it off on their balance sheet. To revert now would cause nothing but trouble. > Less than half of current AI projects had generated m…
I believe we will see breakthrough success in the B2B/SaaS market sometime in 2026. I am getting an uneasy feeling regarding the notion of a bubble. By most accounts it should have popped by now. I am still using the LLM tech on a daily basis. It definitely adds value. Concerns like whether or not a human needs to be in the loop seem practically irrelevant at this point. Applying this value through productized channe…
> After a year in which trillions of dollars worth of AI investments buoyed global markets and the economy, 68% of CEOs plan to spend even more on AI in 2026 They are too far in to turn back. They got into AI via fear of missing out (FOMO) and now they are too heavily invested to write it off on their balance sheet. To revert now would cause nothing but trouble. > Less than half of current AI projects had generated m…
The promise of being able to run a business without having to employ people is just too alluring to these guys. They feel like they're nearly on the cusp of it: Like any day now, the technology will be there, and it can just be AI + robots, and the C-suite and shareholders can just pocket all the returns. No more pesky bags of meat to feed and clothe. You can feel it--they are absolutely salivating over the idea. "If…
Breaking: Fork found in kitchen