Generative AI may well be the most capital-intensive technology Silicon Valley has yet seen.
“It’s easy to forget how long it takes for new tech to gain widespread adoption. Consider the personal computer. The first PCs hit the market in the mid-1970s, but they didn’t become household staples until the late 1990s. In 1984, a mere 8% of U.S. households had a computer. By 2000, that number had grown to 51%. Today? It’s 95%.” ~ learn more