It's not just AI startups. It's almost all of them. The startup world is just a massive pump and dump scheme, and so it moves from field to field finding the next hotness. Self-driving cars, VR, EVs, AI, and so on. People soon realize that you can't just take a bunch of hipster tech employees and suddenly create non-solutions that need to have problems created for them to even be solutions, much less choosing extremely hard and ill-defined non-solutions.
I truly wonder how much of the U.S. economy has slowed down because of all this wasted effort. Is it really a good idea for every company to try and reinvent what a company is? Every startup I've been spends a non-zero amount on just re-figuring out how to be organized, how to manage people and projects, and even just figuring out the logistics and tech needed to run a company. It's a lot of wasted effort, time, and money. My time at startups has been the least effective portions of my career. Real work actually moves quite slowly at startups, in my experience.
I truly wonder how much of the U.S. economy has slowed down because of all this wasted effort. Is it really a good idea for every company to try and reinvent what a company is? Every startup I've been spends a non-zero amount on just re-figuring out how to be organized, how to manage people and projects, and even just figuring out the logistics and tech needed to run a company. It's a lot of wasted effort, time, and money. My time at startups has been the least effective portions of my career. Real work actually moves quite slowly at startups, in my experience.