We've had a couple of bubbles with the same exact shape: Instead of 1. starting with the end-user's problem and picking a technology to solve it with, companies are 2. starting with the technology (LLMs) and thrashing around trying to find problems to solve with it. #1 is how you build long-term, sustainable businesses and #2 is how you build hype trains and slosh money around until the music stops.
End users don't care whether you solved a problem with clever algorithms, a cluster of hardware, or actual black magic. Just like they don't care if their software is written in Python or JavaScript. Why does anyone think customers care that their product is "AI powered"? Customers don't care, but for some reason, investors do care. Wacky.
End users don't care whether you solved a problem with clever algorithms, a cluster of hardware, or actual black magic. Just like they don't care if their software is written in Python or JavaScript. Why does anyone think customers care that their product is "AI powered"? Customers don't care, but for some reason, investors do care. Wacky.