Is AI’s hype cycle leading us into a trough of disillusionment? Dive into the reality behind GPT-5’s launch and its impact on the tech world.
A recent MIT report on AI in business found that 95 percent of all generative-AI deployments in business settings generated “zero return.”
It really feels like a “biggest grift so far” moment and they’re just desperate for a new hype to suck ungodly amounts of money into. Quantum computing, biotech or whatever they come up with.
I do think this will be the last traditional tech bubble. Not because VCs have learned any better, but because we’re at the limits of monetizing silicon under capitalism. The money will be dumped someplace else.
There are plenty of other software approaches that could happen, but capitalism doesn’t have a path to make money off of them.
I wouldn’t be surprised if the comments by Putin and Xi about immortality would trigger a rush on biotech and longevity projects.