AI Hype is 'Biggest Bubble' in Private Tech, Says Jack Selby
Video Overview & Insights
AZ-VC Managing Partner Jack Selby warns that the current AI euphoria could be “the biggest bubble in private tech investing." He speaks on Bloomberg's Insight With Haslinda Amin.
Those who used AI will be the ones who retroactively pay for the losses of the companies involved in the bubble and economic colapse because they have their data and personal information stored.
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Another bubble head with his bubble talk...
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Remember….the upsides to claiming a stock or market is a bubble….is so human nature.
Like basic survival instincts.
Nobody knows who’s lying.
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It is a bubble and you should be searching for companies that will survive the pop like Selby said.
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None of the AI companies who have chatbots are making any money. Theyre saying 4% of all users pay for the subscription. Companies are contemplating having advertisers step in and run ads on their platforms for revenue to keep the technology free to the user and encourage usage. If noone uses AI, it dies.
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Literally only clicked to see if they're all giving Ed Zitron credit yet
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Ai is not the biggest bubble... its QUANTUM.
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I like him
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13:24 Why would we short Elon Musk? Well, 1) Because he sucks, 2) Because he’s a Nazi shitstain, and 3) Because Tesla is exponentially overvalued.
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Its telling that the only company who made any money at all from Gen AI is Nvidia. When there's a goldrush you want to be the one selling the shovels.
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This is like Ford in the 1930s or Dell and Microsoft of the late 1980s. Ai is the emergence of the next big thing for the next 5 to 10 years. The hand writting is on the wall and he doesnt see it.
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Anyone who says this is a AI actually hasn’t seen the power or has implemented it - I have been doing it for 2 years and it’s gonna clean a lot of work force and generate revenue. Additionally a lot of smaller players will vanish and only hyper scalers will survive and win
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"There is an AI bubble" is the most worthless sentence ever. Everyone knows! If you can't say WHEN it's going to pop, then shut up.
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Shorts made plenty of money shorting Tesla for over 3 years it was in a downtrend, lmao
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AI layoff people. This tells me that thinks are not going as planned. Big bust ahead.
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More User Perspectives
ChatGPT 5 can’t code
@minimalism950What he's saying is, other than China, other Asian countries are not worth looking into.
@swordligzhe thinks llms are efficient lol
@bonecircuitAI bubble, reminds me of the tech bubble of 10 years ago 😂
@inthedepthofsadnessAnother useless report about something that does not exist. The news is full of garbage.
@duckbizniz663I agree.
@bl9593This guy is one of Thiel's voices. His assessment of Palantir is bogus. Market journalists need to be more skeptical.
@rursus8354Its coming bubble or not and its gonna stay forever
We are just scrapping the surface here, learn about it, grow alongside it and bare rewards for that effort about learning AI and its application in your daily use
We don't even have a standard or even a protocol at government level we are still a long way to go
She’s brining very interesting questions.
@donbernie9346Please stop and save humanity and environment, massive protest should happen around the world
@sukiboparai7978i’m willing to bet this guy already made his $50 million payday on his AI trade and is now talking about the bubble.
ORCL is a bubble. Translation in my case: I already made my 40% return…. it’s a bubble.
I have to agree
@tshepososThis is a buble bc ai sells something aint real ....
@LiamCrenshaw-p6vhas he a cold? sniff sniff 👀
@David-mr3gwLook the best thing about the AI bubble is that there’s a lot less retail investment in it, meaning the fallout from it popping will mostly land on people who 100% deserve to eat the plate of poop instead of normal mom and pops
@MinisterManDanSaw this madness 25 years ago. And they are using the same tricks.
@peterl545Totally agree with Jack Selby here. AICarma's been super helpful for keeping track of what AI says about my brand. Can't afford to slip under the radar!
@BokulSk-f4xDon Jr is a lot more well-spoken than I remember.
@duxnihilothis guy knows what's up with tech bubbles
@cooltechosupportforyou-cn2ecHaving lived the internet and launch of the App based economy, take over.. i can tell you a.i is moving much faster in adoption. It's the only tech that makes itself. Th proof is the tech companies removing engineers.
They are so impressed by the software.. they are investing hundreds of billions into it.
A.I is not just a new technology. Its a paradigm shift for humanity. The first to dominate the market will be transformational.
Selby of AZ-VC, is right— the A.I. bubble is coming😉
@SusanaCuratoloGood interview — crystal ball aside😉
@SusanaCuratoloElon said we may have AGI by the end of the year which is funny because he doesn't know anything about computers nor programming & even less about AI. People don't realize automating a smart design doesn't make the automated smart or understand what it's doing. Just like a "smart" regulator to control the water flows of a dam "intelligently" doesn't make the regulator smart or aware of what it's doing. It's a machine, it will never be intelligent. It will be logical because it's maths. It will never be able to go beyond math towards understanding because understanding is not the result of some clever calculation but an emotional state achieved by neurons firing in cadence at very low frequencies. That is basically every neuron involved saying I'm good, I'm getting my dopamine. Thinking for neurons means stress because thinking is some neurons being disturbed & triggered because they are not getting the low frequency they were expecting. Every human cell is literally alive & if you split the brain completely you have made two individuals. An individual means to be cut off, nothing more. EGO is an illusion. Only things that are alive can have intelligence, let's not forget that.
@googleaccountuser3116AI in the US really isn't at the point that the media is hyping it at. I have read that many companies are abandoning their AI plans simply because they don't see how they can realistically implement them right now. The US doesn't have the energy infrastructure to handle the demand from AI, that infrastructure will take at least a decade to build, and the US isn't even building it right now. Also US companies are making the same mistake with AI as they did with manufacturing, they are trying to replace their human workers with AI so that they can save millions on wages. Yet if you talk to any AI specialist, they will say that software is the most important component in AI right now, not just CPUs. I am seeing the US deploying AI in completely the wrong way right now, trying to replace humans. The US should look at the Chinese model which is complimenting their human workers with AI, not replacing them. China is deploying AI in many different industries and is so far ahead of the US right now in terms of deployment. I agree that the AI bubble in the US will probably burst earlier than 5 years, simply because the US hasn't built the infrastructure to handle AI yet.
@emyrs545Why is those fanatic China skyes still live in youtube?
@rihotihane1367It's not a bubble if it literally removes entire workforces and replaces them with 24/7 working robots.
@ColdPatternsAbout two years ago, a knowledgeable person told me "the largest IT companies, Microsoft, Google, Meta, and Amazon, are going to make billions from AI. Nearly every other company is going to LOSE money on AI." Here we are, 2 years later. 😀
@rickrandall3174For an experienced programmer LLM AI is amazing. I can get working code and trim the fat, optimize it and overcome knowledge gaps in languages I don't understand.
As long as I have a clear logical understanding of what I am trying to do.
I see less experienced developers getting into the habit of copying and pasting buggy, bloated code into enterprise applications which will result in long term technical debt and rot.
AI is a game changer, just not the game changer markets are looking for. The people at the top of so many companies seem to be far too removed from the coal face to grasp the opportunities and threats.
There are many greater fools waiting to buy in openAI at 500 billion.😆
@atuljha47411998 or 1999....trillion tech is financing the boom...so far from over
@GGHome2024Jacks full of it
@GGHome20245 years? That’s as good as never
@cambridgemaapartmentsright
@Shashank-bp7xrWhat’s don trump jr doing here
@Merak3iThis dude needs to use underwear pronto.
@Bankside1997