POPA ReconWhy investors can fail if the AI revolution succeeds source
Why investors can fail if the AI revolution succeeds source 1. The development of AI technology and the economic success of AI companies are separate. The rail revolution of the 19th century bears a resemblance to the current AI investment cycle 2. Railroads changed the world, but many railroad investors lost money. Overinvestment and competition have caused many rail companies to go bankrupt, and others, such as distribution/agriculture using inexpensive transportation infrastructureHuge value has been created in the industry 3. Right now, AI may be in a similar phase. Astronomical capital…
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