this post was submitted on 20 Sep 2024
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I think the real pop is going to happen when all of these hundreds of billions of dollars have been spent on AI and then a plucky upstart company actually releases general AI and completely and totally demolishes every company that is building up on it.
That is my prediction and my estimation would be 2030-2032 when that happens.
Setting aside the very term AGI is ill defined to the point of meaningless, what prevents the bigger company from simply eating the plucky upstart?
You can't buy what isn't for sale, I guess.
Hostile takeovers suggest you can.
You can only hostile take over a publicly traded company. You can't walk into a private business and kick the owners out unless you have a lot of manpower and the ability to fend off the police and lawyers and everybody else.