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There’s so much hype, it’s easy to miss:

Most AI ventures are money losers right now, and most always will be.

Who’s pocketing cash right now from the AI bubble? Not end users. Not the companies who are buying AI services (except for the sugar rush of premature cost-cutting that will quickly go sour). And not even the AI vendors! No, the cash is ending up in the pockets of the cloud computing vendors who sell to the AI companies: https://www.msn.com/en-us/money/news/stability-ai-reportedly-ran-out-of-cash-to-pay-its-bills-for-rented-cloudy-gpus/ar-BB1kYeBD