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And that's why every hype cycle produces a wave of absolutely spectacular demos and very few real products. And the recurring mistake of every cycle is spending on the demo when you should be saving for the nines.
if you're starting the same startup as everybody else, it's like you get a lot of hype and you can raise a lot of money, but it's it's sort of like those are much less frequently the big option, the big outcomes.
there's a consistent theme where Gen Z (and millennials, to some extent) are rejecting the AI hype while older generations are optimistic and coincidentally in a position to benefit from it.
If you look at the S&P 500 now and you look at the amount of value from companies created in that, one could argue that actually almost all of the exuberance and hype was totally warranted and it in fact did change commerce in fundamental ways.
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