If you look at total software spend in the US a year it’s 500B, total spend on payroll is 5T. If companies become 10% more efficient because of GenAI you’re effectively doubling the size of current software market.

Actual value capture would obviously be lower, but 10% efficiency gains is a low estimate based on the studies coming out.

There’s a ton of terrible startups right now, but some of them will become whales. You can’t predict which ones ahead of time, so you invest in everything.

So is everything being called "AI" these days just LLMs now or is it more?

What a weird article. Title mentions bubble, body only talks about favorite AI companies.

HN frontpage seems to have much less AI than only a few months ago. Maybe things are slowing down ?

If anything we are in the earliest stages of the AI bubble. There's a long way to go..

I wonder what happened to all the YC crypto companies in the last 'bull run', it seems they have fell off.

In the same vein as crypto, the grift continues in AI.

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