Below are some of the most interesting things I came across this week. Click here to subscribe to our free weekly newsletter and get this post delivered to your inbox each Saturday morning.
After Sequoia recently suggested that the “AI Bubble Is Reaching A Tipping Point,” Goldman Sachs came out and made a similar point.
Tech blogger Ed Zitron took it a step further, concluding “Generative AI is decidedly not the future.”
Famed tech investor Roger McNamee went so far as to say that, “More evidence supports the view that LLMs are a scam than the Next Big Thing.”
And venture capitalist, Bill Gurley pointed out that there is much more potential from smaller, less expensive generative AI models than from the massive and obscenely expensive ones Big Tech is hyper-focused on developing.
Meanwhile, investors in these “hyperscalers” of generative AI are so enamored they may be overlooking important developments in the real economy.
