This post should be read along with the Ben Evan’s post above, as well as
Goldman Sach’s Top of Mind GenAI critique, which arguably sparked the discussion on the potential overvaluation of AI stocks. This post picks out a thread which is resonant for me - AI is
not overhyped, we’re not seeing transformation because switching costs are too high for most workers, who are currently maxed out. What we need - are
AI implementors. It’s notable too that the main beneficiaries of the AI revolution so far as the
professional implementors in big consultancies. Don’t see any reason why a few of us in this community don’t grab some of this market..