AI Has an Uber Problem
O'Reilly
APRIL 4, 2024
As Bill Janeway noted in his critique of the capital-fueled bubbles that resulted from the ultra-low interest rates of the decade following the 2007–2009 financial crisis, “ capital is not a strategy.” Google raised only $36 million in venture capital on its way to dominance. Venture capitalists don’t have a crystal ball.
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