Post #4748261 · Elektrine

2026-09-18 11:23 UTC

The death of companies is not the death of a technology. The dot-com crash did not kill the web. Netscape’s disappearance did not make the browser irrelevant. A company obituary is not a protocol obituary. A consolidation in AI could destroy capital, jobs, and individual firms while leaving useful models, methods, infrastructure, and knowledge behind. That does not make the damage harmless. It only means we should not confuse the prospects of current vendors with those of the underlying technology. AI can be overfinanced, overpromised, and still remain consequential. 29/34

Replies (1)

@masek@infosec.exchange 2026-09-18 11:23

I expect the technical focus to move from sheer scale toward optimization: better architectures, smaller and specialized models, quantization, routing, caching, harnesses, and hardware designed around actual workloads. That expectation does not make the sector investable for me. I will invest exactly €0 in it. Valuations, circular financing, uncertain moats, political intervention, infrastructure risk, and unpredictable technical shifts make it impossible for me to distinguish investment from speculation with sufficient confidence. For my risk tolerance, this is currently a table for players. I shall remain near the bar and keep my €0. That describes my limits, not a claim that nobody else can judge the odds differently. 30/34

Open ##4748282