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2023-10-30 11:39:33
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AIbase
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2.6k
Early OpenAI Investors Warn: Most AI Companies May Struggle to Achieve Profitability
Early investors point out that most AI companies may find it difficult to achieve profitability. With the investment frenzy in the AI field, many investors are merely following the trend rather than genuinely supporting the development of technology. Despite the bright prospects for AI, high costs, particularly those associated with computing power, remain a challenge.
2023-10-16 11:37:01
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AIbase
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2.1k
Is the Artificial Intelligence Bubble About to Burst? Venture Capitalists Warn It May Happen Next Year
Venture capital founder Suissa anticipates that the artificial intelligence bubble may burst next year, but the technology itself will not disappear. He describes potential scenarios where AI chatbots might make racially discriminatory remarks, which could disrupt the AI industry. Suissa believes that AI will ultimately become a tool for businesses to enhance efficiency, much like blockchain. He is optimistic about secure data solutions and has invested in data analytics company Databricks, among others. However, PYMNTS analysis indicates that AI still faces profitability challenges due to high computing costs and low margins.