> Does anyone besides the few with their wealth invested in AI believe that AI is the next iPhone moment?
It doesn't matter because for such an industry-wide hype, there are no consequences for being wrong. If a CEO ignores AI and it does become the next iPhone moment, they'll be deposed in short order. If "everyone" is wrong and nothing comes off AI, they'll write off some investments, write some "What we learned" LinkedIn posts, and carry on. Our existing framework has no incentives to correct or innoculate agaisnt hypes led by the management/capital classes
It doesn't matter because for such an industry-wide hype, there are no consequences for being wrong. If a CEO ignores AI and it does become the next iPhone moment, they'll be deposed in short order. If "everyone" is wrong and nothing comes off AI, they'll write off some investments, write some "What we learned" LinkedIn posts, and carry on. Our existing framework has no incentives to correct or innoculate agaisnt hypes led by the management/capital classes