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Loved this article. As a builder I have a lot of the same concerns. Many people are less euphoric as they experience the reality of the models short comings and insane costs as the jam more and more tokens into their prompts as their product evolves and usage grows. Yet I am not yet seeing people throw their hands up in the air. Yes the …
Loved this article. As a builder I have a lot of the same concerns. Many people are less euphoric as they experience the reality of the models short comings and insane costs as the jam more and more tokens into their prompts as their product evolves and usage grows. Yet I am not yet seeing people throw their hands up in the air. Yes the economics have to sort out, but I still believe that if you don't develop a corporate expertise and a personal expertise in AI and start now you will get left behind, and I am talking about being left so far off of the back that it hurts - BIG TIME - no job, competitors out selling you and achieving a lower cost structure and so on.
I was guessing that venture would have backed out more than they have. https://news.crunchbase.com/venture/monthly-global-funding-recap-february-2024/
Total deals are dropping but total amount invested is somewhat flat since the hype started. This may be that venture has to deploy its capital and this is still the most interesting place, even with the risks.
Overall good article but I would temper the article a bit. Glad I could help!