Everyday AI Podcast – An AI and ChatGPT Podcast

EP 335: No, there's no AI bubble so it won't be bursting. Dispelling all the AI bubble talk

5 snips
Aug 13, 2024
The discussion kicks off by debunking the myth of an impending AI bubble, emphasizing the technology's crucial role in today's economy. Exciting updates on Google's Gemini model and emerging competition like WuWai are highlighted. The podcast dives into advancements in AI chip technology, alongside insights on the importance of generative AI. It stresses that failures of startups don't equal a bubble; instead, larger tech giants are absorbing innovations, affirming that AI's growth trajectory remains strong and promising.
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INSIGHT

No AI Bubble

  • Media and social feeds suggest an AI bubble is bursting.
  • Sean Wilson argues this is inaccurate and the world now operates with AI.
INSIGHT

Market Volatility

  • Trillion-dollar market swings don't indicate a bursting bubble.
  • The S&P 500's recent 5% loss is minor compared to its 20% gain over the past year.
INSIGHT

Giants, Not Startups

  • Unlike past tech bubbles driven by startups, the current AI boom is led by established giants.
  • These companies, like Microsoft and Google, have dominated for 15-25 years.
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