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#business #hype #money
the madness of king altman: how ai became the god of silicon valley
the madness of king altman: how ai became the god of silicon valley

"At this point, it doesn’t matter if tech executives and VCs believe their own hype and wild claims about what’s next for AI — though I firmly believe that they genuinely buy into the things they’re preaching and chugging their own kool aid — because they’ve made the grand pronouncements, they started their cults, and they promised a future of AGI-powered wonder. They sold equity to investors who give them billions every year, and those investors now expect steady double-digit percentage returns."

A fun (and hopefully concerning) take on the AIification of everything.

·wowt.news·
the madness of king altman: how ai became the god of silicon valley