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Newsletter: There is no AI Revolution. Consumer adoption of generative AI outside of ChatGPT is barely 100 million people, every single company in generative AI is deeply unprofitable, Microsoft is pulling capex, and OpenAI spent $9bn in 2024 to lose $5bn. www.wheresyoured.at/wheres-the-m...

If crypto companies plummet and the bubble burst, will they just invent some other fake concept that will start another 5 years of VC funding?

What?

Sorry, I meant if the AI bubble bursts because they fail to produce a product that creates a profit. Will they (like crypto and AI) just invent a new product to convince investors to pour money into for the next few years or will those companies fall apart and end this cycle?