The industries themselves are not very lucrative
8 December 2023 (The Intrinsic Perspective). Erik Hoel, in a December 2023 essay on The Intrinsic Perspective, arguing that the markets AI is best at disrupting, such as freelance writing and illustration, are not large or profitable enough to justify the industry's valuations.
Excuse me, but the industries AI is disrupting are not lucrative
More from Erik Hoel · AI and money · 2023
Who else?
What it refers to: The industries that GPT-4-generation AIs can disrupt, such as essay and short fiction writing, digital art, chatting and programming assistance.
Other voices
- “There just isn't enough revenue and there never can be enough revenue” Harris Kupperman,
- “What kind of world economy would have to emerge for today's market valuations to make sense” Ricardo Hausmann and Andrés Velasco,
- “It feels like there's obviously a bubble in the private markets” Demis Hassabis, Builder,
- “Enough wealth for everyone to have what they need” Sam Altman, Builder,
- “Stranded on the wrong side of software-based disruption” Marc Andreessen, Investor,
- “The risk is the devaluation of expertise” David Autor, Researcher,










