China’s AI overload: Baidu CEO warns of too many models, too few applications
China’s AI overload: Baidu CEO warns of too many models, too few applications
The major difference is that we don’t see an influx of insanely overvalued startups nobody heard of before.
That was the norm in the dotcom bubble and the reason nobody remembers the “major players” of that time now.
The AI boom is pushed by the well established big tech (which are also highly profitable - which dotcom startups were not).