The global broadband network that is the physical internet took about 10 years and $1T to build, mostly between 1998 and 2008 and it made the internet massively better every year of the build-out. That's also precisely as much time and money as has been put into this generative AI bubble.
The internet was adding a trillion dollars to the global economy by 2008 and the end of that rapid expansion, where AI is still sucking hundreds of billions a year into a black hole with no killer use cases that could possibly pay off its investment, much less begin adding trillions to the global economy.
And a decade before the web and internet explosion, PCs were similar, with a massive build out and immediate massive returns.
This excuse making for AI is getting old. It needs to put up or shut up because so far it's a joke compared to real advances like the PC and the Internet, all while being hyped by VC collecting companies as the arrival of a literal God.
The internet was adding a trillion dollars to the global economy by 2008 and the end of that rapid expansion, where AI is still sucking hundreds of billions a year into a black hole with no killer use cases that could possibly pay off its investment, much less begin adding trillions to the global economy.
And a decade before the web and internet explosion, PCs were similar, with a massive build out and immediate massive returns.
This excuse making for AI is getting old. It needs to put up or shut up because so far it's a joke compared to real advances like the PC and the Internet, all while being hyped by VC collecting companies as the arrival of a literal God.