The Cloudcast #830 - How Today's AI is like the Early 2020s

Let’s explore how today’s early AI era is like the unicorn-filled, heavily VC-funded early 2020s. (Part 3 of 3)

SHOW: 830
SHOW TRANSCRIPT: The Cloudcast #830 Transcript
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SHOW SPONSOR:
Panoptica, Cisco’s Cloud Application Security solution
SHOW NOTES:
Part 1: How Today's AI is like the Early 2000s (Cloudcast Eps:826)
Part 2: How Today’s AI is like the Early 2020s (Cloudcast Eps.828)

THE EARLY 2020s were SHAPED by COVID and FREE CASH
VCs were pouring money into startups; “unicorns” were a daily occurrence
Many assumed that “today’s normal” would be the “forever normal”
Business models were drowned out by technology fascination

DO CURRENT AI ECONOMICS AND FUNDING LEVELS MAKE SENSE?
VCs and cloud providers are funding infrastructure like it’s 1997-2000
Business models around AI are still being sought out
Funding valuations have no basis in anything real, at least not yet
Are we near an AI (economic) crash, or at least deflation of the bubble?

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