I assume you mean in parts of the world where traditional investments arnt available to most people? The influences I know about personally did try to start businesses, but they knew nothing about starting a business and picked their business partners based on family relationship rather than business experience. Also, they chose one of the five “template” businesses that the government recommends at the small business seminars, and theres just not much market for homemade peanut butter or dish soap. Also, their church, family and spouse had ever increasing demands, and they need new clothes, a car and a new house to reflect their new status, and they took big loans for that. Then the algorithm shifted and their engagement and income collapsed without warning.

Ive heard more convincing arguments for an economy based on monkey pictures.

Yea, well we need to make them not suck then.

That doesnt sound like what he said at all. He just said that some AI toy might become a billion dollar trend…which really, making interactive toys should have been the first place these things were deployed. I want game NPCs with dynamic personalities and adaptive reactions. I want games that can handle the player stepping off the map by dynamically new content around them. And if they cant make an AI that can challenge an experienced human at a 4x game without cheating, the whole idea of an AI founding an actual billion dollar company is a pipe dream.

Who the fuck is giving agentic AI access to their credit card? Thats like handing a lit blowtorch to a toddler.

Many breweries add DHMO directly to their product without disclosing it on the label.

Thats true. Anyone who thinks the bubble popping will make AI go away is kidding themselves. On the other hand, when prices are set more accurately and investors start accepting that they will get diminishing, or even negative, improvement out of the latest model, we may see use cases start to shift to something more realistic.

Not surprising. A generation theyll be a Chinese client state.

The problem with bubbles is not that they deflate, its that they pop.

Addiction. Also, when a heavy smoker first quits their coughing can actually get worse for a while, and smoking will return them to their baseline.