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Navigating the AI Funding Landscape: Risks and Realities
This chapter explores the parallels between the current generative AI boom and the subprime crisis, emphasizing the unsustainable business models underpinning many startups. It highlights the tension between the pursuit of artificial general intelligence (AGI) and the practicalities of commercialization, questioning the long-term viability of numerous AI ventures. The discussion also delves into the evolving funding dynamics in the AI space, focusing on strategic investments and the potential repercussions of faltering financial support.