How Today's AI is like the Early 2020s

Let’s explore how today’s early AI era is like the unicorn-filled, heavily VC-funded early 2020s. (Part 3 of 3)SHOW: 830SHOW TRANSCRIPT: The Cloudcast #830 TranscriptSHOW VIDEO: https://youtube.com/@TheCloudcastNET CLOUD NEWS OF THE WEEK - http://bit.ly/cloudcast-cnotwCHECK OUT OUR NEW PODCAST - "CLOUDCAST BASICS"SHOW SPONSOR:Panoptica, Cisco’s Cloud Application Security solutionSHOW NOTES:Part 1: How Today's AI is like the Early 2000s (Cloudcast Eps:826)Part 2: How Today’s AI is like the Early 2020s (Cloudcast Eps.828)THE EARLY 2020s were SHAPED by COVID and FREE CASHVCs were pouring money into startups; “unicorns” were a daily occurrenceMany assumed that “today’s normal” would be the “forever normal”Business models were drowned out by technology fascinationDO CURRENT AI ECONOMICS AND FUNDING LEVELS MAKE SENSE?VCs and cloud providers are funding infrastructure like it’s 1997-2000Business models around AI are still being sought outFunding valuations have no basis in anything real, at least not yetAre we near an AI (economic) crash, or at least deflation of the bubble?FEEDBACK?Email: show at the cloudcast dot netTwitter: @cloudcastpodInstagram: @cloudcastpodTikTok: @cloudcastpod