The dirty little secret of the generative AI bubble is that no one has come up with a business model that justifies a fraction of a fraction of the money that's gone into it. At least not one that depends on the systems real rather than imagined functionality.
People riding this bubble have an incentive to talk up AI-based humanoid robots and over-priced Ive designed personal devices because they create the impression of limitless new markets ("a trillion in value") while distracting from the truly ugly numbers.
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