You wouldn’t say something like that out loud in any annual report, because then you’d seem old-fashioned. At the turn of the decade, there was a very similar enthusiasm for the metaverse, and traditional large corporations made highly questionable investments in virtual reality centers of excellence and hardware. The Zeitgeist drives a lot of executives’ technology investment priorities, but while you can momentarily fill downtown Helsinki with electric scooters if you’re investing with other people’s money, at some point the business has to start sustaining itself profitably through consumers’ wallets or B2B customers from the traditional economy. For the hardware investments driving NVIDIA’s stock to be at a sustainable level, players like OpenAI and Anthropic would need to reach profitability, and in my opinion, there are no signs of that yet. Now, of course, as they attempt to go public, quarterly results might be momentarily manipulated so that such a narrative can be constructed.
Non-deterministic spaghetti is a hell to maintain and generates far more wasted costs in the form of misused tokens, so the maintenance costs of AI software are much higher than those of traditional deterministic spaghetti IT. There just isn’t enough wide-scale experience available on this yet.
I would recommend trying to ask that AI what the technological significance of CD-ROMs was for society and how widely they were used everywhere in people’s lives, including the business world 