Indeed, VC's loaded with 'free' money pumping whatever idea could bring in the consumers enough to keep a narrative spinning.
I haven't seen any particularly strong profitability case for ChatGPT and the like yet, unless you call ad dollars from promoting "ChatXX does this amazing trick!" as proof.
People barely even questioned the ludicrous wages being thrown around in silicon valley, supported by 'funding rounds' and silly valuations of future growth.
But, it all sucks because the people that will lose are the last-in-chain investors and the to-be-unemployed. Not the VC crybabies currently out there complaining about their need for protection by the establishment they protest.
I haven't seen any particularly strong profitability case for ChatGPT and the like yet, unless you call ad dollars from promoting "ChatXX does this amazing trick!" as proof.
People barely even questioned the ludicrous wages being thrown around in silicon valley, supported by 'funding rounds' and silly valuations of future growth.
But, it all sucks because the people that will lose are the last-in-chain investors and the to-be-unemployed. Not the VC crybabies currently out there complaining about their need for protection by the establishment they protest.