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20VC: Bret Taylor: The AI Bubble and What Happens Now | How the Cost of Chips and Models Will Change in AI | Will Companies Build Their Own Software | Why Pre-Training is for Morons | Leaderships Lessons from Mark Zuckerberg
Bret Taylor
I think we are in a bubble, but I think bubbles have different shapes. There's a Mark Twain quote that history doesn't repeat itself, but it rhymes. And I think the AI bubble will rhyme with the dot-com bubble. I believe with the benefit of hindsight, most of the excess of the dot-com bubble might have been justified.
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