The AI Hype: $600B question or $4.6T+ opportunity? - LinkedIn

Aug 30, 2024 · It's prudent to approach the current AI hype with a healthy dose of skepticism. …

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Aug 30, 2024 · It's prudent to approach the current AI hype with a healthy dose of skepticism. …

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Jul 8, 2024 · In September 2023, I published AI’s $200B Question. The goal of the piece was …

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Aug 30, 2024 · At the heart of this debate lies what David Cahn at Sequoia calls the “$600 …

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Is the AI hype over?

The AI hype isn’t over; it’s evolving. The real winners will be those who can cut through the noise, understand the true value of AI, and take actionable steps to build a future that integrates AI meaningfully into their business. It’s not just about being impressed by what AI can do—it's about knowing how to use it effectively and sustainably. ...

Should start-ups celebrate the end of AI hype?

We will never again see times when a start-up could create a PowerPoint presentation for their “vision” and secure billion-dollar valuations on the back of untested AI concepts. That’s not a cause for concern—it’s a reason to celebrate. The winding down of AI hype isn’t an end; it is the beginning of a more serious, focused era of AI innovation. ...

What is AI's \$200B question?

In September 2023, I published AI’s $200B Question. The goal of the piece was to ask the question: “Where is all the revenue?” ...

Is the AI hype cycle ending?

Opinions expressed by Forbes Contributors are their own. Mark Minevich is a NY-based strategist focused on human centric AI. Click to save this article. You'll be asked to sign into your Forbes account. This is an illustration of Gartner's Hype Cycle The AI hype cycle is not ending, despite some mainstream opinions. ...

What is the potential future value of AI?

Long term, AI companies will need to deliver significant value for consumers to continue opening their wallets. According to Sequoia Capital, the potential future value of AI is $600B. I generously assumed that each of Google, Microsoft, Apple, and Meta will be able to generate $10B annually from new AI-related revenue. ...

How many companies are adopting AI?

Despite the hype of the past few years, McKinsey reports that only 8% of enterprises have adopted AI in five or more functions, highlighting the gap between potential and implementation. We are seeing a transition from the age of AI excitement to the age of practical and tactical AI. ...