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AI Investment Frenzy: Will 2024 Be the Year of Abundance or Bust?
The trajectory of AI will persist until 2024 and may even escalate. Certain individuals accrue annual earnings of $50 million through course sales, while others suffer investor losses due to the sudden emergence of Sora. Simultaneously, some hasten to raise hundreds of billions of dollars to invest in chip infrastructure. Several AI enterprises, endowed with inherent advantages, have spearheaded the phenomenon of the “double attraction,” drawing both capital and attention. For instance, xAI, an enterprise helmed by Musk, endeavors to procure $6 billion at a $20 billion valuation. Likewise, OpenAI, a renowned entity akin to a beloved delicacy, actively seeks fresh funding rounds, potentially valuing it at over $100 billion.…