Generative AI: Another tech-bubble?

Well yes, of course it is. Generative AI is an emergent, epoch changing technology and that stuff always creates a tech bubble. It is just human nature in action. We overvalue novelty and undervalue the familiar.

My overarching viewpoint is that Generative AI will augment the familiar technologies we already have in place. It will make tasks easier, faster and more satisfying to complete. This shouldn’t be surprising, most emergent technologies end up doing exactly that; they augment the familiar, lifting productivity, doing the nasty things we don’t want to be doing and giving back valuable time to us humans. Pain relief is the primary benefit of technology after all.

Generative AI is complex but it isn’t fairy magic. You can quantify the benefit of Generative AI for a given use case and integrate that knowledge into your monetisation strategy, same for any other feature of your offering.

That tech bubble I mentioned? It is really only a problem for the speculators. Be a value creator like us and just remember to be standing aways back when that bubble bursts…. that stuff is sticky.

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