Bubble or not bubble? That is the question.
Bet you've heard about the AI bubble couple of times already 😂
I am not a finance expert, so I will avoid any technical analysis. But there is one thing we must keep in mind.
💡Do you think AI will still be here in 5 or 10 years?
Or will it vanish like the Metaverse and NFTs...
I think the answer is very simple:
Clearly, AI is here to stay.
It is transforming literally every aspect of business and our everyday lives. Teenagers are already becoming more accustomed to ChatGPT than to traditional browsing.
I would argue it is comparable to the internet in the 90s, which yes triggered a bubble, but also a HUGE industry in the coming decade.
I have no idea if a bubble will pop soon, but what I know for sure is that this technology will drive unprecedented profits in the coming decades.
How?
1. Enterprise efficiency.
Same or higher output at a lower cost. It is that simple.
With AI, a single employee can do the work of three.
2. Massive consumer adoption.
ChatGPT is used by 10% of the world's population and is still growing fast. Sure, they might be burning cash now, but rest assured: the time will come when they monetise this audience LIKE CRAZY.
3. Accelerated innovation.
AI drastically speeds up the pace of innovation. We will see revolutionary new products emerge from this cycle.
Just to name some: consumer robots and self-driving cars. 🚀
What else?
