We tend to think that markets reflect consumer choice. But the artificial-intelligence boom has been powered by the investment decisions of concentrated capital rather than by consumer demand.
It’s still market demand, it’s just not the market you think it is. It’s not for some end product or service, it’s for speculative investment opportunities. It’s a few levels of abstraction above actually making or doing things.
It’s still market demand, it’s just not the market you think it is. It’s not for some end product or service, it’s for speculative investment opportunities. It’s a few levels of abstraction above actually making or doing things.