this post was submitted on 11 Oct 2023
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Are you kidding? We literally just watched the same bubble and burst in companies that rushed to get their piece of the Metaverse and NFT cash grab. I worked at a SaaS company that decided to add AI features because it was in the news and Azure offered it as a service. There was zero financial analysis done, just like for every other feature they added
I'm sure Microsoft has a plan since they invested heavily. But even Google is playing catch-up like they did with GCP.
AI is actually useful.
The metaverse and NFTs aren't.
Your analogy is not a 1:1 representation of the situation and only serves to distract from the topic at hand.
The person I responded to didn't say AI was useful. They said that companies are doing financial analysis before investing. That simply isn't true across the board.