There’s a strong chance the IPO window has passed. I just don’t see investors willing to jump in here given all the questions about the financial viability of AI.
The bulk of those investing now are broadly just pumping cash into the fire to keep their prior investments from going to zero.
We have hit a mass deceleration of what the current tech can do with transformers. The tech is also on a path to hyper-commoditization which will destroy the value of the big players as there zero moat to be had here. Absent a new major breakthrough it looks like we’re well on our way into the “trough of disillusionment” for the current AI hype cycle.
Will be interesting to see how all this plays out, but get your popcorn ready.
The bulk of those investing now are broadly just pumping cash into the fire to keep their prior investments from going to zero.
We have hit a mass deceleration of what the current tech can do with transformers. The tech is also on a path to hyper-commoditization which will destroy the value of the big players as there zero moat to be had here. Absent a new major breakthrough it looks like we’re well on our way into the “trough of disillusionment” for the current AI hype cycle.
Will be interesting to see how all this plays out, but get your popcorn ready.