The current Ai bull run is similar to the internet boom of '99
The AI boom feels reminiscent of the late '90s internet boom. Planning to ride the AI hype now and possibly profit from the market downturn following the Benner Cycle.
Investors lured by the potential of Generative AI are pouring significant capital into startups. However, the technology is still in its infancy facing limitations and regulatory challenges in the future. The ethical implications, including the rise of deepfakes and misinformation may cast a shadow over its widespread adoption. As the industry grows in a fast pace, I think a reality check seems inevitable, marking a crucial phase in the maturation of AI services.
Good luck everyone, enjoy the ride! :)
Investors lured by the potential of Generative AI are pouring significant capital into startups. However, the technology is still in its infancy facing limitations and regulatory challenges in the future. The ethical implications, including the rise of deepfakes and misinformation may cast a shadow over its widespread adoption. As the industry grows in a fast pace, I think a reality check seems inevitable, marking a crucial phase in the maturation of AI services.
Good luck everyone, enjoy the ride! :)
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