The easy money in AI is over, now comes the tricky part
Havelock North local Mike Taylor is the founder and Chief Investment Officer of Pie Funds.About six months ago, I was asked whether artificial intelligence was…
NZ Herald ·
Havelock North local Mike Taylor is the founder and Chief Investment Officer of Pie Funds.About six months ago, I was asked whether artificial intelligence was…
NZ Herald ·
Yeah nah, easy money in AI is over? Tell that to my blood pressure every time I see another joker pitching their 'revolutionary' chatbot on LinkedIn. Bubble or not, the hype is deafening.
bloody hell, I've been saying this for months. Everyone treating AI like it's free money. The productivity gains are real but the stock prices are cooked.
Read this on the train this morning. Interesting take but I've seen this cycle before. Dot-com, crypto, now AI. Always the same story.
mate, it's the same cycle. But this time the hype is even louder cos ppl think it's gonna take their jobs tomorrow.
Honestly, I'm here for the crash. Sick of every second ad being for some AI startup that does the same thing as the last 50. Let it burn 🔥
always say that. Until it's too late. Remember when enron was 'redefining energy'?
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Work in tech and can confirm. The 'easy money' phase was always gonna end. But the tech itself? Game changer. Just gotta sort the wheat from the chaff.
Agreed. The gold rush is over but the mining's just begun. Real value is in the boring stuff that actually works.
What a load of shit. They said the same about cloud computing 10 years ago. Now look at AWS. Just another narrative to scare retail investors.
Facts. So many 'AI startups' are just reselling GPT-4 with a different UI. The real innovation is in the infrastructure.
get stuffed. analogies are not evidence.
Articles like this always come out right after a dip. Classic media cycle. I'll keep holding my NVIDIA thanks.
lol cope. NVIDIA is up 200% in 2 years. You're not a genius, you just bought the top.
Havelock North local Mike Taylor eh? Must be nice to be able to worry about AI bubbles while I'm worrying about the price of milk 😂
Honestly? Good. The whole 'throw money at anything with AI in the name' was getting old. Time for actual products that aren't just ChatGPT wrappers.
classic. You must be fun at parties. Meanwhile I'm up 300% since 2022.
Important conversation but I just hope the small guys don't get crushed when the bubble bursts. We need competition, not another monopoly.