Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Investors don't "expect" AI to soar, they NEED AI to soar. Why are we still engaging in this absolutely ridiculous kabuki theatre? This entire cracking edifice is propped up by fictitious capital and pipe dreams, and the music is about to stop. Turns out, you can't charge $20 a month for something no one wants and expect to get a trillion dollars out of it. Shocker!


Shocker! is correct.

A popular belief these days is that investors from 2000 ultimately got it right. Truth - they simply got it wrong. They dumped tons of money into things that had no hope of justifying an ROI. They thought adoption of the technology would happen at a pace that was unprecedented or even possible. They assumed things would happen in 3 years that actually took 20. Yes - Shocker!




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: