CosmicTaco
CosmicTaco

AI Startup Bubble: High Valuations, High Risks

  • AI startups are raising funds at high valuations, despite daunting economics and competitive markets.
  • Many of these startups are likely to fail, but this is part of the process.
  • High-profile AI 'celebrities' are often at the helm of these startups, potentially inflating valuations.
  • The cost of running AI-powered apps is high, and it's unclear if the revenue potential matches.
  • Despite the bubble, the AI investment boom is real and could lead to significant advancements.

Source: Asianometry

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13mo ago
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Here's a summary from Perplexity of the key points from the best video on AI that I have seen recently:

Excessive Spending: Major tech companies like Meta, Google, and Amazon have significantly increased their capital expenditure (cap...

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Did you got this summary as well through AI? 😉