The Fragility of the AI Boom

This chapter examines the skepticism surrounding the sustainability of generative AI technologies amidst declining stock prices of major tech firms like Microsoft, Google, and Amazon. It highlights the significant financial investments being made in the AI sector, questioning the viability of such expenditures without immediate returns. The discussion also touches on the cautionary tale of Character.ai and the trends in the startup landscape that reflect a consolidation risk within the industry.