The story that’s solidifying is the tech is cool, it’s useful for certain things (eg, meeting note taking), but business have run a ton of “innovation lab” pilots that have returned little to no measurable value with leaders getting frustrated at the invested red ink. In short the substance isn't living up to the hype. Everywhere I look the adoption metrics and impact metrics are a tiny fraction of what was projected…
If anything, the AI bubble is reinforcing to me (and hopefully many more people) that the "markets" are anything but rational. None of the investments going on have followed any semblance of fundamentals - it's all pure instinct and chasing hype. I just hope it doesn't tear down the world for the 99% of us unable to actually reap any benefits from it. AI is basically a toy for 99% of us. It's a long long ways away fr…
No, they are rational. At least those with a lot of money.
> None of the investments going on have followed any semblance of fundamentals - it's all pure instinct and chasing hype
That's not what investments are about. Their fundamentals are if they can get a good return on their money. As long as the odds of the next sucker to buy them up exists it is a good investment.
> AI is basically a toy for 99% of us.
You do pay for toys right? Toy shops aren't irrational?