The AI movement is like the internet in the 90s. People are...
The AI movement is like the internet in the 90s.
People are very excited and everyone wants to be part of it. Valuation are extremely high within VC and for public companies.
Despite the high prices I want to focus on the second wave, the actual monetization of AI.
After the dot-com crash, we slowly started the grind back towards the prior highs. The tech was now being monetized and we saw the biggest businesses ever develop from it.
I expect something similar in AI where initially excited players will lose but meticulous and innovative businesses will be created with new tech. I believe these will become some of the biggest business out there just like the disrupters of the new internet era.
People are very excited and everyone wants to be part of it. Valuation are extremely high within VC and for public companies.
Despite the high prices I want to focus on the second wave, the actual monetization of AI.
After the dot-com crash, we slowly started the grind back towards the prior highs. The tech was now being monetized and we saw the biggest businesses ever develop from it.
I expect something similar in AI where initially excited players will lose but meticulous and innovative businesses will be created with new tech. I believe these will become some of the biggest business out there just like the disrupters of the new internet era.
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