Part 8/10:
Yet the question looms: What happens when the frenzy fades? The experience of the ‘90s and the subsequent bubble burst led to a reckoning where only a fraction of the dot-com companies sustained themselves in the long term. Similarly, the current atmosphere raises alarms about whether AI's transformative promises will match investor expectations.
The case of Microsoft's investment in OpenAI echoes cautionary tales from the past. Just as AOL’s merger with Time Warner promised to marry digital innovation with traditional media, Microsoft’s leap into deep collaboration with OpenAI may face scrutiny if the anticipated returns remain elusive. Could this lead to regret akin to that felt by AOL when their merger faltered?