Read Millionaire Fastlane
I've Read UNSCRIPTED
- May 10, 2015
It depends on how you use it. It's almost definitely going to be both a boon as well as a bubble.AI is certainly the buzzword these days. I invested in a startup AI company early this year -- six months later, they were able to recapitalize at 25x the valuation with institutional money and had VCs fighting to get in the raise (luckily I got my money in before they realized they didn't need it .
I have a feeling that we're going to be talking about a bubble in the AI space in a couple years...
It's going to be like the dot com era. There are going to be legitimate uses for it, and there's going to be the crackpots who just want to create MeToo crap.
We're already seeing tons of legitimate uses for it. Netflix Recommendations, Google searches. Self Driving cars. Every major tech company uses some amount of AI.
It's how it always goes with these tech advances. There's the wheat, and the chaff.
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