This reminds me of SGI at the peak of the dot-com bubble.
SGI (Silicon Graphics) made the 3D hardware that many companies relied on for their own businesses, in the days before Windows NT and Nvidia came of age.
Alias|Wavefront and Discreet were two companies where their product cycles were very tied in the SGI product cycles, with SGI having some ownership, whether it be wholly owned or spun out (as SGI collapsed). I can't find the reporting from the time, but it seemed to me that the SGI share price was propped up by product launches from the likes of Alias|Wavefront or Discreet. Equally, the 3D software houses seemed to have share prices propped up by SGI product launches.
There was also the small matter of insider trading. If you knew the latest SGI boxes were lemons then you could place your bets of the 3D software houses accordingly.
Eventually Autodesk, Computer Associates and others eventually owned all the software, or, at least, the user bases. Once upon a time these companies were on the stock market and worth billions, but then they became just another bullet point in the Autodesk footer.
My prediction is that a lot of AI is like that, a classic bubble, and, when the show moves on, all of these AI products will get shoehorned into the three companies that will survive, with competition law meaning that it will be three rather than two eventual winners.
Equally, much like what happened with SGI, Nvidia will eventually come a cropper due to the evaluations due to today's hype and hubris not delivering.
SGI (Silicon Graphics) made the 3D hardware that many companies relied on for their own businesses, in the days before Windows NT and Nvidia came of age.
Alias|Wavefront and Discreet were two companies where their product cycles were very tied in the SGI product cycles, with SGI having some ownership, whether it be wholly owned or spun out (as SGI collapsed). I can't find the reporting from the time, but it seemed to me that the SGI share price was propped up by product launches from the likes of Alias|Wavefront or Discreet. Equally, the 3D software houses seemed to have share prices propped up by SGI product launches.
There was also the small matter of insider trading. If you knew the latest SGI boxes were lemons then you could place your bets of the 3D software houses accordingly.
Eventually Autodesk, Computer Associates and others eventually owned all the software, or, at least, the user bases. Once upon a time these companies were on the stock market and worth billions, but then they became just another bullet point in the Autodesk footer.
My prediction is that a lot of AI is like that, a classic bubble, and, when the show moves on, all of these AI products will get shoehorned into the three companies that will survive, with competition law meaning that it will be three rather than two eventual winners.
Equally, much like what happened with SGI, Nvidia will eventually come a cropper due to the evaluations due to today's hype and hubris not delivering.