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Late last week, Sam Altman said the quiet part out loud when he suggested that AI and the industries surrounding it… might be in a bit of a bubble.
This simultaneously shocked absolutely everyone AND absolutely nobody at the same time.
The value of the ENTIRE stock market has nearly doubled over the last 5 years.
This has been driven almost entirely by just ten companies whose growth was in turn driven almost entirely by the promise of AI.
Most people understand that this isn’t sustainable, but they also understand that technology like this has changed the world before.
Improvements are slowing down as new models are showing disappointing improvements, but every day we are discovering new things we can do with these products.
For every argument there is a counter argument.
You don’t need to watch another video speculating about the future of AI because the truth is nobody has a damn clue,
BUT, what we CAN do is look back over these last three years and find out how much this whole game has cost us… because the numbers are… not good…