Chamath Palihapitiya Flags ‘Revenue Quality Problem’ in AI, Warns of VC Overdependence — But Crypto Traders See Little Risk of a Crash
Social Capital founder and venture capitalist Chamath Palihapitiya suspected on Thursday, October 15, that much of the AI companies' revenues come from other AI firms that are themselves funded by venture capital.
A famous investor noticed that many AI companies sell to each other instead of real customers. This means the money flowing around might not be as strong as it looks on paper.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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