alt Hacker NewsYou’re just repeating their predictions. Investors are starting to get nervous that there’s no real proof these things could justify burning a Mt. Everest sized pile of $100 bills to achieve.
You’re just repeating their predictions. Investors are starting to get nervous that there’s no real proof these things could justify burning a Mt. Everest sized pile of $100 bills to achieve.
Yes it's only a prediction based on what I'm seeing. And I'm not disagreeing with the investors that there's overinvestment right now. Prices need to rise, spending on R&D needs to fall for this stuff to make economic sense. I'm only arguing that there's plenty of demand, and assuming price rises happen smoothly over not too short of a period, any demand destruction at the lower levels will be quickly counter-balanced by demand creation at higher value-add levels.
It's also possible non-tech industries just have a collective imagination failure and can't find use cases for AI, but I doubt it.