"If you go back to, say, 1997 and you ask, 'Was the internet underhyped or overhyped?' I would argue it was underhyped... But if you then ask, 'Were the companies who were the leaders then dramatically overhyped?' Yes, they were."
"And they're starting to see that it can be very expensive once they go into production... A lot of generative AI projects hastily born over the past year may not have long to live."
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