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"Are AI evaluations frothy? Definitely," says @apoorv03. "The questions that I ask are two questions: Is it worth the hype? And how do we navigate that." https://t.co/aXobS2dRfL
There's a schadenfreud going on over how overhyped AI is. The truth is that most AI indicators rely on NVD price & the inflated valuations of AI startups over the last 2 years. So far we've seen only early consumer biz models like ChatGPT, while a lot earnings calls have heeded/
The current A.I. hype cycle is going to lead to a lot of disappointment down the road, says Michael Shaoul about the tech trade. 🗣️ “We’re probably witnessing a massive misallocation of capital.”
Experts and analysts are expressing concerns about the current state of artificial intelligence (AI) industry, suggesting that a significant bubble may burst soon. They warn of potential disappointment for investors due to overvaluation of AI startups and tech companies. Public sentiment is turning against AI, with some calling it a bubble and questioning its sustainability. The hype surrounding AI is criticized for leading to a misallocation of capital and inflated valuations.
