More caution about potential GenAI bust
Ask two people and you get three opinions. Nonetheless, Sequoia Capital Partner David Cahn estimates that the GenAI industry needs to generate ca. USD600bn in revenue annually to make investments worthwhile (btw: this estimate is up from USD200bn some months ago). The by far most well established AI company is surely OpenAI, with an estimated revenue of USD3.4bn ...
Will we see prices hike significantly for subscriptions?
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• Jul '24 (edited)
I have an inkling that AI is heading for a bubble burst since there is lot of talk about huge investments being made but very less talk about RoI success stories. Also without a strong governance in place for AI, it would take longer to realize RoI.
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Mathias Bock
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More caution about potential GenAI bust
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