Peter Atwater: ‘The greatest risk to AI investing is a drop in the crowd’s want for futuristic abstraction. When the tide turns, there is a sudden rush for tangibility today.’

The greatest risk to AI investing is a drop in the crowd's want for futuristic abstraction.

When the tide turns, there is a sudden rush for tangibility today.

— Peter Atwater (@Peter_Atwater) July 9, 2024

Goldman Sachs/MIT confirmed that AI is totally fraudulent: t.co/T0IrcGy4Fv
"Tech giants and beyond are set to spend over $1tn on AI capex in coming years, with so far little to show for it. So, will this large spend ever pay off? MIT’s Daron Acemoglu and GS’ Jim Covello… pic.twitter.com/oXNAVYbg7r

— Mac10 (@SuburbanDrone) July 9, 2024