AI is a product when you slap an API on top and host it for other businesses to figure out a use case.
In a gold rush, the folks that sell pickaxes make a reliable living.
In a gold rush, the folks that sell pickaxes make a reliable living.
Not necessarily. Even the original gold rush pickaxe guy Sam Brannan went broke. https://en.wikipedia.org/wiki/Samuel_Brannan
Sam of the current gold rush is selling pickaxes at a loss, telling the investors they'll make it up in volume.
I'm pretty sure they are the pickaxe manufactures in this case.
So maybe if the AI pickaxe sellers get divorced it could lead to poor financial results, but I'm not sure his story is applicable otherwise.
If you sell your pickaxes at a loss to gain market share, or pour all of your revenue into rapid pickaxe store expansion, you’re going to be just as broke as prospectors when the boom goes bust.