jbz
jbz boosted
activity timestamp 2 days ago

🧐 Wall Street is catching on.

“If you’re going to invest now and get returns in 10 to 15 years, that’s a venture investment, that’s not a public company investment,” Luria said. “For public companies, we expect to get return on investment in much shorter time frames. So that’s causing discomfort, because we’re not seeing the types of applications and revenue from applications that we would need to justify anywhere near these investments right now.”

https://www.cnn.com/2024/08/02/tech/wall-street-asks-big-tech-will-ai-ever-make-money

#ai #hype #bubble
jbz
@jbz@indieweb.social  ·  activity timestamp last month

These bros can't go extinct soon enough

｢ Rosebud was founded in 2023 by Chrys Bader, a Y Combinator alum and co-founder of Secret; and Sean Dadashi, a UC Berkeley Cognitive Science graduate. The pair met at a men’s group, and came up with the idea for Rosebud based on their own experiences with therapy and coaching ｣

https://techcrunch.com/2025/06/04/rosebud-lands-6m-to-scale-its-interactive-ai-journaling-app/

#ai #hype #bubble