60% VC to AI, 40% internet in 1999, same pattern, different decade — are we repeating history? They figured out a new way to pump, just invest in each other.
This is alarming. Over 60% of VC money is now going to AI companies. For reference, only 40% of the VC money went to internet companies in 1999. If those AI companies don’t start generating real revenue soon enough, investors …